High – Low Trend Indicator Signal (Expo)

22 Dis 2019

High - Low Trend Indicator Signal - (Expo)

DESCRIPTION

This indicator is derived from my previous one called High – Low Trend Indicator (Expo), but the difference is that this one generates Long signals and detects market changes. These two indicators are intended to be used in the same chart for better accuracy and validation of signals. The indicator is perfectly used to identify pullbacks in positive trends!

HOW TO USE

When a signal appears, consider enter long, or look for confirmation patterns. Such confirmation could be seen in the High – Low Trend Indicator (Expo) when the red cloud disappears or when the black price line crosses out from the red cloud, or when the black price line crosses up over the blue midline.

So,

1. Use the indicator to identify Long signals.

2. Use the indicator to find Entry points in positive trends.

3. Use the indicator to detect market changes.

4. Combine it with High – Low Trend Indicator (Expo).


INDICATOR IN ACTION

The indicator is best presented live, the graphs below are a good guide.

EURUSD



DAX



WALL STREET



GOLD




I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!


ACCESS THE INDICATOR

• Contact me on TradingView or use the links below


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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes!

8 Jan 2021

Nota Keluaran

Improvements!

• Performance Improvements
  
• Top Signal Line Added
  

9 Jan 2021

Nota Keluaran

Improvements!

• Wave Length Added (Trend analysis)
  

23 Mac 2021

Nota Keluaran

Improvements!

• Trend Mode Added
  
• Declining Momentum Added (Identifies Reversals)
  

24 Mac 2021

Nota Keluaran

Improvements!

• Scale Fix
  
• Momentum Alerts Added
  

24 Feb 2022

Nota Keluaran

Improvements!

• Performance Improvements
  
• Adaptive Cloud Added
  

14 Mac 2024

Nota Keluaran

Major performance improvements

• High/Low Money Flow Added
  
• High/Low Structure Added
  
• High/Low OBOS Added
  
• New Design
  

10 Jun 2024

Nota Keluaran

Performance Improvements!

• Change In Money Flow Added
  

23 Jun 2024

Nota Keluaran

Reversal Signals Added