The Advanced Currency Impulse with Alert is an indicator that can be found on the MQL5 market. We have added a link below so you can see exactly which indicator we are looking at. This indicator was originally released back on the 7th of September 2016, it was last updated on the 6th of January 2020 and is now at version 3.0 (at the time of writing).
The Advanced Currency Impulse wit Alert is an indicator designed to be used with MetaTrader 4, it uses some of its own proprietary features in order to function. The indicator is able to give alerts for 28 different currency pairs. It will show you whether the strength of a currency is growing or falling and bases its indication of potential trades on that information.
The indicator also uses the dynamic market Fibonacci 23 level in order to trigger alerts. These alerts can be within the trading window or via an email address and will indicate what sort of trade should be placed, you must place the trades manually though.
There are a number of different parameters available to change to help alter the indicator to better suit your requirements. You are able to select what the lines and graphs look like in terms of colors, thickness, and more. You are able to set up alerts within the window nad on which candles, to set it to draw additional or fewer lines and other alterations like that.
You are not able to purchase this indicator outright, instead, you need to rent it, you can rent it for three months for $62, however you can also rent it for one year for $78. There is also a free version available, but it does not indicate what the limitations of this version are or whether there is a time limit to its use.
There are 283 reviews for this indicator the overall rating is at 5 out of 5 which is very impressive. However, sometimes when everything is positive, it can look a little suspicious, there are a couple of negative reviews but the vast majority are positive.
“Taken by how much I have been impressed by Advanced Currency Strength28 Indicator I have also decided to rent this indicator for 1 year. In this case, I have seen that Impulse, although in my humble opinion I think it is a little below in terms of the strength of signals offered by Advanced Currency Strength28 Indicator, I also think however that they can be perfectly complemented. 5 stars.” – A 5-star review.
“Bernhards indicators look very promising and he provides very good support” – A 5-star review.
“I won’t rent it again. Waste of time and money.” – A 1-star review.
Some decent reviews, but a single negative, while the indicator looks very promising, we would recommend using the demo version for a while to make sure that it does in fact function how you desire and that you are able to get it set up properly before renting it.
This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/18155