After opening your account you have to choose what type of indicator you will be used to generate signals.
There are six types of trading indicators for each currency.
You can allow all indicators work at the same time for you or if you want you can de-activate few.
Traders can adjust the signal time frame on all trading indicators to control the signal frequency.
Each indicators works independently.
Trading indicators time frames: 60 sec, 5 min, 15 min, 30 min, and 60 min.
The indicators that Forex Robot uses are –
TREND: By using this indicators traders can looks at overall trends in the market.
MACD: MACD stands for Moving Average Convergence Divergence. It measures the differences between two moving averages. After that plotting them against history, forecasts can be made.
RSI: RSI stands for Relative Strength Index. Simply put, when prices get too high, the majority will sell and when prices are cheap, people will buy. Following the people’s systems is usually profitable.
STOCH: Dr George Lane created the Stochastic Oscillator. The system follows both speed and momentum of market conditions and determines trades based on these factors.
WILLIAMS: The Williams indicator is what I would call an RSI indicator simplified. It grabs extreme over or undersold areas and attacks them, normally in short positions.
CCI: The Commodity Channel Index bases everything off a given average over a length of time, and uses that average to determine trends.