67.90 % of retail investors lose their capital when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.90 % of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Purple Bands indicator

Recognizes overbought/oversold market

A trader who recognizes the oversold or overbought market and the associated trend reversal early enough has a chance for higher potential profits. The Purple Bands indicator recognizes these situations for you and automatically plots them on the chart, with up to 80% accuracy.

The Purple Indicator works on our Real and Demo accounts.

Download indicator

MetaTrader 4 and cTrader compatible

All timeframes and symbols

​Suitable for beginners and advanced traders

Indicator sample

 

WARNING: Using the Purple indicator in your trading might lead to improvement of your abilities to recognize trading opportunities.

​Download the manual

Download the Purple Bands indicator to your platform

Purple indicator works on our real and demo account.

Would you like to know exactly how our indicators work?

Ask Marco.

67.90 % of retail investors lose their capital when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.90 % of retail investors lose their capital when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.