- March 20, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex Indicators
Forex ClusterTrend Indicator
Are you tired of constantly analyzing the market and struggling to identify potential turning points? Look no further than the Forex ClusterTrend Indicator. This powerful tool is a two-part algorithm designed to smooth out market swings and predict not only turning points but also hidden divergences.
The ClusterTrend Indicator shows potential turning points in the market and uses multiple filters to present the best possible options. In addition to its core functionality, Cluster 2.0 also has trend identification built-in and identifies hidden divergence both on the chart and on the indicator.
Best Brokers List
The Forex ClusterTrend Indicator works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
|BROKER NAME||REGISTER||Year Founded||Headquartered||Leverage||Minimum Deposit||Regulating|
|1:1000||$5||ASIC, CySEC , IFSC|
🇧🇸 The Bahamas
|1:1000||$200||ASIC, SCB, FSA|
|1:Unlimited||$10||CySEC, FCA, FSCA, FSA, BVI|
|1:500||$200||FCA , ASIC, DFSA|
|1:400||$100||CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA|
Forex ClusterTrend Indicator Settings
The tool calculates the strength of the market and shows potential turning points signaled with small circles. Once the confirmation of the trend has changed, the algorithm signals a large circle, giving the trader the desired entry with a sound alert and pop-up. As the entry sets up, there will be a build-up of circles hence the name Cluster.
This algorithm can be used on either the 1, 5, or 15-minute timeframes across all major currency pairs. It is perfect for intraday trading and aims to simplify the noise in the market. However, the user must input the parameters; otherwise, the algorithm will not perform.
The Forex ClusterTrend Indicator is often used on 5 and 15-minute timeframes. It notifies the trader of potential entries and provides color-coded entries for buy and sell signals. It creates cluster signals at potential turn points and aims to avoid market noise. It also assists in predicting market turn points by analyzing the current market trend. The Forex ClusterTrend Indicator can trade FX, stock indices, and gold, and it analyses market strength and weakness.
The Forex ClusterTrend Indicator is a powerful tool for predicting market turning points and hidden divergence. It simplifies the process for traders and helps them to make informed decisions. Try the Forex ClusterTrend Indicator today and take your trading to the next level!
ClusterTrend Indicator Free Download
We highly recommend trying the ClusterTrend Indicator with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.