Highlights
📊 All Markets
💻 MetaTrader 4
🔓 Unlimited
🖍 Repainting to be checked
♻️ Assets: All
⏰ Timeframes: M5, M15, H1
🤖 Turn this indicator into Algo Trading System with Atlas iBots
Description
SCIENTIA indicator is designed to generate signals for scalping on the 5-minute, 15-minute, and 1-hour timeframes. To enhance its precision, traders are advised to employ a technique known as "double confirmation".
In the first confirmation stage, check the underlying trend to ensure that trades are always executed in line with the trend. Once the direction of the general trend is ascertained, proceed to the second confirmation stage and ensure that the market is either overbought or oversold.
By utilizing the two confirmations, the likelihood of a profitable trade is increased. For more details, check out the video below.