Highlights
📊 Binary Options Market
💻 MetaTrader 4
🔓 Unlimited
🖍 Repaints its historical signals
♻️ Assets: All
⏰ Timeframes: M5
⏳ Expiry: 5 min (1 bar)
🤖 Turn this indicator into Algo Trader with Atlas iBots
Description
QUINQ Indicator combines algorithms of other indicators into arrow signals. It displays arrows on the chart to indicate the potential direction of price movements.
To install it correctly, paste all indicators from the download pack to MT4 Indicators folder and a template to MT4 Templates folder. Restart your terminal and apply the template to a chart.
Entry Rules
Enter on the next bar after the arrow with expiry 5 min.
Simulated Forward Test
As QUINQ Indicator repaints its historical signals we had to run a Simulated Forward Test with the help of iBOTxBO Pro in order to establish the accuracy of indicator signals. Testing period was 90 days, M5 timeframe, expiry 1 bar.
The test results are shown on images below. On the right, there is info box with grand total of trades, broken down by direction of trade, wins and losses, as well as a winrate for all trades when trading 24 hours a day. On the left, you see statistics for the best trading hours during the tested 3-month period. WR stands for winrate.
Video Review
