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ITM X Gen SYNT Indicator V1.0 (Works on Build 1420) | Forex MT4 Indicators

$9.99
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The ITM X Gen SYNT Indicator V1.0 is a versatile non-repainting tool for MetaTrader 4 (MT4) traders. It provides color-coded arrows (dodger blue for uptrend, pink for downtrend), dynamic wave bands, and trend line indications to enhance entry and exit points.

ITM X Gen SYNT Indicator V1.0: A Comprehensive Guide

Introduction

The ITM X Gen SYNT Indicator V1.0 is a powerful technical analysis tool designed for MetaTrader 4 (MT4) traders. It provides clear buy and sell signals based on specific market conditions. In this article, we’ll explore the key features of this indicator, the recommended trading settings, and the strategy to maximize its effectiveness.

Key Features

  • Indicator Type: The ITM X Gen SYNT Indicator V1.0 is a non-repainting custom indicator.
  • Color Arrows: It uses dodger blue and pink arrows to signal uptrends and downtrends.
  • Wave Bands: The indicator displays three colored bands (pink, yellow, and blue) that move with the price chart.
  • Trend Lines: Blue and red trend lines indicate potential reversals or trend continuation points.

Trading Settings

Before using the ITM X Gen SYNT Indicator V1.0, consider the following settings:

  • Timeframe: The indicator works well on timeframes ranging from M5 (5-minute) to H4 (4-hour).
  • Currency Pairs: Focus on GBPUSD and EURUSD for optimal results.

Trading Strategy

The strategy for using the ITM X Gen SYNT Indicator V1.0 involves the following steps:

  1. Arrows and Bands: Pay attention to the color arrows (blue for buy, pink for sell). When an arrow appears, it signals a potential trade opportunity.
  2. Confirm with Bands: Look at the corresponding colored bands. If the arrow points up (buy), ensure that the pink and yellow bands are also moving upward. For sell signals, check the pink and blue bands.
  3. Trend Lines: Use the trend lines to identify support and resistance levels. If an arrow aligns with a trend line, it strengthens the signal.
  4. Risk Management: Set appropriate stop-loss and take-profit levels based on your risk tolerance and the timeframe you’re trading.

What’s in the package?

Indicator :

  • ITM X-Gen SYNT.ex4
  • trendalt_Alert.ex4

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You can get it free if you signup Exness with our referral link

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

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Last updated Jul 6, 2024

Buy The ITM X Gen SYNT Indicator V1.0 is a versatile non-repainting tool for MetaTrader 4 (MT4) traders. It provides color-coded arrows (dodger blue for uptrend, pink for downtrend), dynamic wave bands, and trend line indications to enhance entry and exit points.

Install Type
Fix, No DLL
Categories
Indicators
Platform
MT4 (Build 1420)
Delivery
Instant Download
Size
42 KB
Copy product URL
$9.99

ITM X Gen SYNT Indicator V1.0 (Works on Build 1420) | Forex MT4 Indicators

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