RainGull© Spectrum

Forex Indicator Free Download

RainGull© Spectrum Indicator is a great tool for Forex short-term trading on MT4 platform. It can detect buy/sell, up/down, entry/exit signals on any timeframe charts and for currency pairs. This indicator is based on a combination of standard oscillating indicators and it is very easy to use and read. It combines and picks short term (fast) break out signals spliced on another group of long term (slow) trend signals. And it uses single time frame data. But on different time frame charts, it uses different built-in trigger's threshold value. The best thing is: it is totally free!

Installation:

1. Download RainGull© Spectrum Indicator and save it into your MT4 fold\experts\indicators.
2. Drag "RainGull Spectrum" from MT4 Platform>Navigator>Custom Indicators panel onto any charts. There are no parameters to set.

Usage:

Green bars: Buy/Long area
Red bars: Sell/Short area
Blue bars: Going up/Ready to buy/Hold long position/Aggressive buy area
Yellow bars: Going down/Ready to sell/Hold short position/Aggressive sell area
Grey bars: Go take a nap...ZZZ...zzzz...Nothing to do

Note:

RainGull© Spectrum indicator is just for manual trading traders. Do not use it solely. It is an assistant indicator, better to use it combined with other type indicators which you are familiar with. Especially,  it is sensitive for short term trading, for getting better results, users need some good money management skills or useful TP (Take-Profit) tools.

If you are using Raingull© V5 EA Robot, the Spectrum indicator is an option only, no need to be loaded on a chart for the EA robot to use it. There are more complicated, stronger and accurate indicators have been built-in inside the robot.

Besides, RainGull© Spectrum indicator has a strong partner: Raingull© AutoTS EA Robot. These two tools are perfect lineup for manually or semi-automated Forex trading.

You can download our another powerful tool, fully automated Raingull© V5 EA Robot. Free trial is welcome, you have 30 days to test our software in multiple demo accounts on MT4 platform.

An EA is an automated trading "robot". Robots can beat human beings' world champion at chess games, likewise, EA robots can triumph over human traders at FOREX trading.

Raingull© V5 EA Robot Demo

Demo settings, just for reference and help.

And 15 days to test Raingull© AutoTS in multiple demo accounts on MT4 platform.

Just set a proper target, Raingull© AutoTS EA Robot will grab the profit for you.

Raingull© AutoTS EA Robot Demo

Purchase Raingull© AutoTS EA Robot now, you can enjoy a special price: $99.00/Year (regular price $150.00/Year).

TERMS OF USE:

Software provided by RainGull.Com is copyright (Canadian Intellectual Property Office Registration No. 1049840) and all global rights are reserved. The software is provided "as is" and not warranty is expressed or implied. Use entirely at your own risk.

DISCLAIMER: We are providing these research results, statistics data, ideas, methods and tools such as the EA robots, indicators, signals, charts, software for informational and educational purposes only. We are NOT a registered investment advisor, portfolio manager, or certified financial planner, and are NOT licensed to trade or provide financial advice in securities of any kind for clients. The information provided herein is general and impersonal in nature, and is NOT tailored to any specific portfolio or any subscriber's particular needs. FOREX trading can result in LOSSES. Never invest more than you can afford to lose. FOREX market is a highly volatile place, and anything being hopeful to pay too much can't help being risky. Put most of your assets in safe investments, speculate only with money you can afford to lose. Please estimate fully your ability of suffering adventure and loss before you decide to use our tools. The information contained herein is believed to be accurate but this cannot be guaranteed, and we will NOT be responsible for any possible error or omission of translation. Any reliance placed by you upon the opinions herein or with respect to the materials shall be at YOUR OWN RISK. We will NOT be liable to you in contract, tort or otherwise for any damages or losses, including without limitation, direct, indirect, special, incidental or consequential damages or losses, and even if arising due to lost revenues, lost profits, or loss of prospective economic advantage, resulting from the use or misuse of our information, articles, ideas, statistics, tools, and websites. We have a two weeks' vacation each year, in this period, information update will be at a halt. All purchases are non-refundable.

RISK WARNING: Past results are not necessarily indicative of future results. Upon reading our articles, newsletters, or visiting our website, joining our member groups, using our products or services, you'll be regarded as accepting all these terms of disclaimer and abandoning all rights of lawsuit pointing to any one of our staff for any reasons. The information on the Website is not intended as an offer or solicitation of any security or any financial instrument. The information and materials contained in this Website - and the terms and conditions of the access to and use of such information and materials - are subject to change without notice.

PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THIS WEBSITE YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS. THESE TERMS AND CONDITIONS ARE SUBJECT TO CHANGE. IF YOU DO NOT AGREE WITH THESE TERMS AND CONDITIONS, PLEASE DO NOT ACCESS THIS WEBSITE AND DO NOT USE OUR PRODUCTS AND SERVICES.

While the Raingull Methods, strategies and tools such as the EA software are provided in good faith, they are provided “as is”. We have no control over the way they are used, or of the market, your broker, data feeds, connections to servers, etc., and we do not warrant that our tools or software are free of faults. Your use of anything found on raingull.com is entirely at your own risk and we do not accept responsibility for any losses, for any reason.

U.S. Government Required Disclaimer: Commodity Futures Trading Commission. Futures and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This site is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency.

Moreover, the leveraged nature of FOREX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and your position will be liquidated and you will be responsible for any resulting losses. Investors are recommended to lower exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders. We will not be held responsible for the reliability or accuracy of the information available here. The content provided is put forward in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness.

CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. http://www.cftc.gov

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