Nimbus Algo -MT4 INDICATOR

Key Features Nimbus Algo Indicator

• Non-Repainting Signals – One of the standout features of the Nimbus Algo Indicator is its non-repainting signals. Once a signal appears on the chart, it remains fixed and does not disappear or change. This reliability allows traders to trust the signals when making entry and exit decisions without second-guessing whether the signal might alter later.
• Automated Stop Loss and Take Profit Levels – The indicator provides a specific stop loss, and two take profit price levels for every trading signal generated. This feature removes the uncertainty of where to set these critical points, enabling traders to manage risk and potential profits more effectively.
• Support and Resistance Levels – The system automatically plots support and resistance lines on the chart, highlighting areas where the price will likely reverse or bounce. This automatic detection can give traders an edge by identifying optimal points for entering or exiting trades based on historical price behavior.
• Visual Market Trends – The indicator utilizes color-coded candles to represent market conditions: Green candles indicate a bullish trend. Red candles signify a bearish trend. Purple candles show ranging or sideways market movement. This visual representation allows traders to quickly assess the market’s direction and adjust their strategies accordingly.
• Dashboard Insights – An integrated dashboard overviews the current market condition and displays the volatility percentage. By gauging the strength of the prevailing trend, traders can make more informed decisions about when to enter or exit positions.