FEN Indicator Signals

This section will only be for FUTURE signals generated by the official FEN Indicator. All signals are given in advance and represent future times. All signals are generated from the FxChoice MT4 platform, unless stated otherwise.



Note: The dates/times shown are based on the FxChoice MT4 platform and do NOT represent your local time or your personal broker's server time. So if you want to check or verify these signals, it is recommended that you use the FxChoice MT4 for simplicity, since each broker has their own charting and server times. The indicator will work on any MT4 platform though!


What the indicator does:

The FEN indicator predicts future times of significance. The signal times will result in market tops/bottoms forming, market reversals, or extra volatility. For examples, see the attachments in this post!

For more information about the FEN Indicator or to download the DEMO version, see the other forum section dedicated to this indicator. Or visit the official FEN Indicator website.


RESULTS (from live signals section on the Forex Zone forum)

Successful = 203
Skipped = 121
Failed = 23


Notes:

- "Skipped" above does not mean the indicator failed. It simply refers to unclear market conditions prior to the signal time (eg. flat, choppy, or ranging market). If the market direction is unclear prior to the signal time, then it is also unclear in which way the market will reverse. These signals might still be traded by you and many of them would still be profitable if traded.)

- "Failed" above refers to signals that resulted in no substantial reversal occurring. There may have been a very short-lived reversal within the duration of the signal candle and then the candle just closed in the same direction later. An important note to keep in mind is that this signals section has signals produced from a wide range of settings and time frames. As you will see, some of the "Failed" signals were produced in less than ideal situations (eg. lower time frames, late Friday trading, or less strict settings). If not for these situations, the "Failed" number would be much lower.



Linkback: https://www.forex.zone/trading-signals/23/fen-indicator-signals/60/

Chart : EURJPY M30
Date/Time : 2018.06.22 19:30
Settings : Reversal Candles=2, Min. Strength=6, # Candles Back=150

Note: This signal is for late Friday and has less reliability and more risk.

RESULT : Failed (Reversal was momentary and the market continued in the same direction.)

Chart : EURJPY M15
Date/Time : 2018.06.26 17:30
Settings : Reversal Candles=2, Min. Strength=6, # Candles Back=150



RESULT : Successful (The market had been bullish and then at the predicted time there was a short term reversal candle. The reversal was short in duration, but closed bearish and was still a reversal nevertheless.)

Chart : USDCHF M30
Date/Time : 2018.06.27 08:00
Settings : Reversal Candles=5, Min. Strength=3, # Candles Back=150


RESULT : Successful (A top formed and then the market reversed down for 4 candles.)

Chart : GBPUSD H1
Date/Time : 2018.06.27 04:00
Settings : Reversal Candles=2, Min. Strength=3, # Candles Back=75


RESULT : Skipped (The market had no clear direction prior to the predicted time. Therefore, the trade should have been skipped. However, if you had traded in reverse of the prior candle, which was bullish, a sell trade would have been made and the next 2 candles were bearish. Also, the market continued down sharply not long afterwards.)