The Silver Trend Signal Metatrader 5 forex indicator is a semaphore signal indicator that generates buy and sell signals via its colored dots system that appear on the activity chart once the indicator gets activated for trading.
The default color of the signal dots are lime and red which are usually aligned somewhat below or above the candlesticks in that order.
The indicator performs pretty well in determining the probable direction of the market and performs best in a trending market.
Use it for scalping, day trading and swing trading purposes.
Combine with momentum and/or volatility technical indicators to increase its profitability.
The default color of the signal dots are lime and red which are usually aligned somewhat below or above the candlesticks in that order.
The indicator performs pretty well in determining the probable direction of the market and performs best in a trending market.
Use it for scalping, day trading and swing trading purposes.
Combine with momentum and/or volatility technical indicators to increase its profitability.