Introduction to the PAFX Secret Indicator
Discover the PAFX Secret Indicator, an innovative momentum tool available for free download on MetaTrader 4. Unlike typical indicators, this custom histogram-based oscillator offers clear signals by mapping buying and selling pressure around a zero line, enhancing your trading strategy.
Features of the PAFX Secret Indicator
- Visual Clarity: Clean histogram display, easy interpretation without overlapping signals.
- Divergence Detection: Identifies hidden bullish and bearish divergences efficiently.
- Non-Repainting: Fixed signals post-candle close, ensuring reliable historical data.
- Compatibility: Operates seamlessly across all forex pairs, gold, and indices on various timeframes.
- Lightweight: Minimal CPU impact, allowing multiple charts without performance issues.
Why Choose PAFX Over Standard MACD?
The PAFX Secret Indicator offers superior visual clarity and easier divergence spotting compared to the standard MACD, making it a valuable tool for traders seeking precise momentum analysis.
Requirements and Installation
To install the PAFX Secret Indicator, ensure you have MetaTrader 4 installed. Simply download the indicator, place it in the ‘Indicators’ folder within your MT4 directory, and restart the platform to begin using it.
Trading Strategy: Secret Momentum Divergence System
The optimal strategy combines the PAFX Secret Indicator with a 200 EMA trend filter. Focus on divergence setups aligned with the dominant trend for higher accuracy.
- Buy Setup: Occurs when price makes a lower low while the histogram shows a higher low above the 200 EMA. Enter on histogram crossover above zero.
- Sell Setup: Occurs when price makes a higher high while the histogram indicates a lower high below the 200 EMA. Enter on histogram crossover below zero.