ISHA V10 Indicator

ISHA V10 Indicator

The ISHA V10 Indicator for MetaTrader is a powerful trading tool designed to help forex traders identify high-probability trend reversals. Built with advanced algorithms, the indicator provides clear buy and sell signals along with key trading information such as current market spread, drawdown, net profit, and suggested Take Profit and Stop Loss levels.

Unlike many other indicators, the ISHA V10 does not repaint, which ensures the signals remain reliable even in volatile market conditions. By combining the Average True Range (ATR) and a pip calculator, the indicator helps traders anticipate trend changes while maintaining proper risk management.

This indicator is ideal for novice, intermediate, and advanced traders and can be applied to various trading strategies including scalping, day trading, intraday, or swing trading. It works effectively on any currency pair and is compatible with multiple timeframes.

Features of ISHA V10 Indicator

Trend Reversal Signals: Clear green and red arrows indicate potential buy and sell entries.

Non-Repainting Signals: Ensures reliability and consistency in trend detection.

ATR-Based Calculations: Determines appropriate Stop Loss and Take Profit levels.

Trading Panel: Displays spread, drawdown, net profit, and trade signals for easy monitoring.

Multi-Timeframe Usage: Effective on H1, H4, daily, and even monthly charts.

User-Friendly: Easy for beginners while powerful enough for advanced traders.

How to Trade With ISHA V10 Indicator

The ISHA V10 indicator simplifies trade entries:

Opening Buy Positions

A green arrow appears on the chart indicating a potential bullish trend.

Confirm that the trend aligns with the indicator for higher probability trades.

Place Stop Loss below the recent swing low or suggested ATR value.

Take Profit can be set at the suggested level by the indicator or according to your preferred risk-reward ratio.

Opening Sell Positions

A red arrow signals a potential bearish trend.

Confirm that the market sentiment aligns with the signal.

Set Stop Loss above the recent swing high.

Take Profit is suggested by the indicator or determined using price action analysis.

The indicator’s panel also provides an overview of market spread, net profit, and drawdown, which makes it easier to evaluate trade performance in real-time.

Chart Example

On the EUR/USD H4 chart, the ISHA V10 Indicator shows:

Green arrows coinciding with bullish trends, resulting in profitable long trades.

Red arrows appearing at the start of bearish movements, signaling high-probability short trades.

Corresponding ATR-based Stop Loss and Take Profit levels allow effective risk management.

This makes the ISHA V10 a reliable tool for spotting trend reversals and maximizing profits with well-defined entry and exit points.

Why Use ISHA V10 Indicator

High Accuracy: Clear signals that align with the overall trend.

Versatility: Suitable for scalping, intraday, and swing trading strategies.

Ease of Use: Simple color-coded arrows and a panel for quick decision-making.

Risk Management: ATR-based Stop Loss and Take Profit values improve trading discipline.

Free to Download: Available at IndicatorForest.com for all MetaTrader users.

By combining the ISHA V10 indicator with additional technical tools such as support and resistance levels or trendlines, traders can enhance signal accuracy and reduce the risk of false breakouts.

Conclusion

The ISHA V10 Indicator for MT4 is a comprehensive trend-reversal tool that provides clear buy and sell signals, ATR-based Stop Loss and Take Profit suggestions, and a trading panel for performance tracking. Its non-repainting design and versatility across multiple timeframes make it suitable for traders of all levels. You can download the ISHA V10 Indicator for free at IndicatorForest.com and start identifying high-probability trades today.