In this video, the YouTuber discusses a custom indicator called Impulse Angle. He explains the logic behind it and how to use it profitably. The indicator repaints, so confirmation is important. It can be obtained for free by opening an account with a partner broker or bought through mql5.
Impulse Angle Indicator: A Profitable Tool for Traders
Introduction
– Brief introduction of the video and the purpose of the article
– Ways to obtain indicator
Repainted Indicators: The Problem
– Definition of repainted indicators
– Drawbacks of using repainted indicators
Impulse Angle Indicator: The Solution
– Explanation of the impulse angle indicator
– How the indicator calculates angles of price changes
– Example of the indicator in action
Using the Impulse Angle Indicator Effectively
– Rules for entering positions using the impulse angle indicator
– Explanation of confirmation steps before entering positions
– Take profit strategies with the impulse angle indicator
– The importance of waiting for the confirmation and following the rules
Pros and Cons of Using the Impulse Angle Indicator
– Advantages of using the impulse angle indicator
– Drawbacks of using the impulse angle as a repainting indicator
Conclusion
– Recap of the importance of using the impulse angle indicator
– Last thoughts and call-to-action to subscribe to the channel