ISHA V10 Indicator for MetaTrader 5 - Download - [TradingFinder]

ISHA V10 is an indicator for MetaTrader 5 that analyzes price volatility behavior over a defined time frame using the ATR parameter.

As a signal and forecasting tool for MT5, it identifies entry and exit points by displaying green and red arrows on the chart. This tool shows great compatibility with trading strategies and delivers smooth performance overall.

ISHA V10 Specifications Table

The table below provides the technical and structural specifications of the ISHA V10 Indicator on MetaTrader 5.

Uptrend Conditions

The price chart below displays the AUD/JPY currency pair in a 1-hour timeframe.

In this chart, green arrows indicate buy entry signals. When these arrows align with the broader market trend, the signal gains strength, and the probability of a successful buy trade increases.

Downtrend Conditions

The image below displays the EUR/CHF currency pair in a 1-hour timeframe.

In this chart, when the indicator detects overbought conditions using its internal algorithms and evaluates market volatility via the ATR, it issues a sell signal as a red arrow.

This arrow appears in line with the downward trend, signaling the potential start of increased selling pressure.

Indicator Settings

The image below shows the configurable parameters of the ISHA V10 Indicator:

• SOURCE: Price source
• ATR Timer: ATR time period
• ATR Multiplier: Display ATR multiplier
• SHOW ENTRY MARKS: Display entry markers
• ALERT ON SIGNAL: Enable alert on signal
• EMAIL ON SIGNAL: Send email when a signal occurs
• SHOW INFO PANEL: Show/hide information panel
• BUY SIGNAL COLOR: Customize buy signal color
• SELL SIGNAL COLOR: Customize the sell signal color

Conclusion

The ISHA V10 Indicator is a signal-generating trading tool for the MetaTrader 5 platform. It focuses on trend analysis and algorithmic logic to improve entry/exit precision.

Leveraging volatility data and price behavior, it performs exceptionally well in highly volatile and directional markets.