Forex Arcanum - indicator of market behavior analysis
Forex Arcanum is a unique indicator that combines technical analysis and analysis of the behavior of traders in the market (unless of course the developers are cunning). The indicator studies the global behavior of traders in combination with the readings of some indicators, and then, based on this analysis, shows the entry point to the position on the chart. Forex Arcanum also has three modes for different trading styles and is suitable for scalping, swing trading and day trading.
Characteristics of the Forex Arcanum
Platform: Metatrader4
Currency pairs: Major pairs
Trading Time: Any, recommended European and American sessions
Timeframe: M1 - H1
Recommended broker: Roboforex, XM, FBS
How trade with the Forex Arcanum?
As I wrote above, FX Arcanum has three trading templates:
Conservative
Standard
Aggressive
Conservative has the least amount of trading signals with the least risk. Suitable for a calm trade and for novice traders.
Timeframes:
Scalping: M1
Daytrading: M5, M15, M30
Swingtrading: H1
forex-arcanum-conservative
Standard is a universal template that will suit most traders for all possible trading styles.
Timeframes:
Scalping: M1
Daytrading: M5, M15, M30
Swingtrading: H1
forex-arcanum-standard
Aggressive - this style of trading for traders who love adrenaline. It gives the most signals, but it requires a lot of experience in trading. Before you start trading on this template, make sure that you spend enough time training on a demo account!
Timeframes:
Scalping: M1, M5
forex-arcanum-aggressive
Trading signals by Forex Arcanum
FX Arcanum is, in fact, an independent trading system, which consists of two parts.