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Entry, confirmation, filters and exit indicators have access to an extensive list of indicators preconfigured in the NNFX Algo Tester.
The Main Confirmation Indicator (C1) indicator is the main entry indicator and has the function of producing the entry signal of the trading strategy.
The 2nd Confirmation Indicator (C2) indicator confirms the entry signal and allows you to filter out bad signals created by the C1.
The Volume Indicator is also a filter indicator but its function is to classify the market into areas of high and low liquidity or market/trend movement, by default blocking entries in areas of low volatility.
The Exit Indicator produces the signal to close the active entry.
And the Continuation Indicator produces extra entry signals so you can make the most of the trending market.
The NNFX Algo Tester includes in the software 50 different indicators that can be used as Main Confirmation Indicator (C1), 2nd Confirmation Indicator (C2), Volume Indicator, Exit Indicator and Continuation Indicator. In addition to these, the NNFX Algo Tester allows you to use any other indicator of your choice using one of the Custom Indicator options.
All the indicators on this page can be used for any of the 5 different functions (C1, C2, Volume, Exit and Continuation). How is this possible? The NNFX Algo Tester will adapt the operation of each indicator to match the operation of each part of the algorithm. This is done automatically, no additional configuration is necessary. For example, you can use an indicator normally used for Volume, such as ADX, as a C1 without any problem: just select ADX as your C1. This holds true for Custom Indicator options as well.
You can download the included C1 / C2 / Volume / Exit / Continuation indicators included in the software or consult their default parameters below.
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