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ISHA V10 Indicator for MetaTrader 4 – Download | Forex Indicator Download – MT4/MT5 Resource

author EAcpu | 3 reads | 0 comments |

The ISHA V10 indicator is a signal and prediction tool for MetaTrader 4, based on complex technical analysis algorithms.

This MT4 indicator is designed to detect trend changes and analyze overbought and oversold areas. It generates a buy or sell signal, which is displayed as a colored arrow on the chart: a green arrow indicates a buy signal, and a red arrow indicates a sell signal.

ISHA V10 Specification Sheet

The following table provides a brief overview of the performance specifications of the ISHA V10 indicators.

Indicator categories: Signals and Predictions MT4 Indicators
MT4 Volatility Indicator Trading Aid MT4 Indicator
Platforms: MetaTrader 4 Indicators
Trading Skills: Elementary
Indicator Types: Inverse MT4 Indicator
Time frame: Multi Time Frame MT4 Indicators
Trading Style: Intraday MT4 Indicators
Trading Tools: Stocks MT4 Indicators Forward Markets MT4 Indicators Stock Markets MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators

Uptrend Conditions

The chart below shows the EUR/CAD currency pair on a 30-minute time frame. The green arrow represents a buy signal.

The signals provided by this MT4 trading tool are more reliable when they are in line with the overall market trend.

ISHA V10 Indicator in an Uptrend
Buy Signal in Uptrend Using ISHA V10 Indicator

downtrend conditions

The chart below shows the DOGE cryptocurrency on a 5-minute time frame.

The indicator uses an internal algorithm to identify overbought conditions and assesses volatility via ATR. If confirmed, the sell signal will appear as a red arrow in line with the market's downward trend.

Downtrend conditions in ISHA V10 Indicator
Using the ISHA V10 indicator to present a sell signal during a downtrend

Indicator Settings

The image below shows the customizable parameters of the ISHA V10 indicator in MetaTrader 4:

ISHA V10 Indicator Settings
Editable parameters of the ISHA V10 indicator in the MetaTrader 4 platform
  • SOURCE : Price source
  • ATR Timer : ATR period
  • ATR Multiplier : Display ATR multiplier
  • SHOW ENTRY MARKS : Show entry marks
  • ALERT ON SIGNAL : Display signal alert
  • EMAIL ON SIGNAL : Send an email when there is a signal
  • SHOW INFO PANEL: Display information panel
  • BUY SIGNAL COLOR : Displays the buy signal color
  • SELL SIGNAL COLOR : Displays the sell signal color

Conclusion

The ISHA V10 indicator is a practical trend analysis and algorithmic signaling tool that improves decision-making accuracy in and out of trades.

Using volatility-based behavioral analysis, this trading tool excels in volatile and trending markets.

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