How does the SHI SilverTrendSig indicator work?

Graphically, the software product is displayed on the quote chart in the form of dots of different colors:

  • (call) red ones warn of a price increase;
  • (put) blue - about its decrease.

Indicator

When such a symbol appears after the signal candle closes, the likelihood of a new trend movement starting increases. This may happen immediately or after some time.

SHI_SilverTrendSig is based on oscillator data. Trading recommendations for a trader appear when prices move from overbought or oversold zones to the average zone.

Preparing to work with the SHI SilverTrendSig indicator

When installing the SHI_SilverTrendSig indicator for binary options trading on your platform, do not rush to change its standard settings. First of all, evaluate the accuracy of the signals by analyzing a certain period of the chart on history.

Settings

The instrument parameters do not need to be changed; it is better for untrained traders not to try to change numbers just like that. For example, the “All Bars” option indicates the number of candles taken for calculations. If it is set to “0”, then all data extracted from the currently loaded graph segment will be taken into account. It is not recommended to touch the remaining two options “Per” “Otstup”.

Instructions for installing indicators in MetaTrader 4 :

How to trade using the SHI SilverTrendSig indicator

Signals for binary options of the SHI SilverTrendSig indicator are very convenient and visually understandable even for beginners. With their help, any trader can quickly navigate the market situation and make a decision to conclude a deal.

Since this tool is an oscillator, it does not work well on strong trend movements, so additional filters are necessary.

SHI_SilverTrendSig is effective on corrections and minor fluctuations, and only as part of a complex strategy, and many of them have been developed (“FX Ghost”, “Nahuatl”, “AOSHI”, etc.).

If you are working in a trending market, the indicator will help predict exit points from the correction for further growth/decrease, and will tell you when it is time to change the direction of transactions, as a rollback begins.

In addition to this indicator, you can use the familiar Moving Average, which has a long period in order to determine which global trend dominates the chart of a trading asset. If the “hints” of SHI_SilverTrendSig coincide with it, then the chance of concluding a profitable deal increases.

The main disadvantage of the indicator is a considerable number of false signals during a flat. In general, the indicator shows quite good results when trading binary options and, when properly combined, for example with “levels,” it can bring significant profits.

Download the SHI SilverTrendSig indicator

Download

Can't figure out how this strategy or indicator works? Write about it in the comments to this article, and also subscribe to our YouTube channel WinOptionSignals , where we will definitely answer all your questions in the video.

Binarium

See also:

Rating of binary options brokers

Live chart for binary options

Strategies for binary options

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Артур
Артур
11523 В 2016 году были такие простые индикаторы.
20 June 2023
Answer
tirant
tirant
11522 Индикаторы всегда должны работать в паре. Для лучшего отображения сигналов.
20 June 2023
Answer
Картер
4077
С виду точный, а как на деле?
а на деле средний, но с фильтрами пойдет.
01 February 2020
Answer
Алина Малина
Алина Малина
4076 С виду точный, а как на деле?
31 January 2020
Answer
Василий
1371 Довольно часто пользуюсь этим индикатором и чаще всего в паре с МА
14 December 2017
Answer
Игорь
Игорь
1116 Использовал этот индикатор в паре с MA,как и указанно в статье,большая часть сделок прибыльная,так что советую
30 October 2017
Answer
Андрей
Андрей
1049 Этот индикатор нужно использовать как минимум с другим в паре,иначе слишком большой риск
18 October 2017
Answer
Юрий
Юрий
327 Он сигналы рисует на истории, а не в реальном времени.
13 February 2017
Answer
Алекс
Алекс
326 Индикатор класс. Автору 100 баллов. Дивиргенция это один из самых сильных сигналов только после как она образовалась и только тогда рынок начинает разворачиваться.
11 February 2017
Answer
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