Our new indicator tracks trends to create buy and sell alerts, see below how it works.
HOW IT WORKS:
It uses RMA which is the same moving average used by RSI and HMA, they intersect give us an entry signal, be it a buy or sell, as the entry signal the script will color the bars according to the signal.
When a GREEN candle appears, it indicates a large purchase volume and when a PURPLE candle appears, it indicates a large sales volume.
The indicator will alert for entries only according to the trend of the traded asset
FOR EXAMPLE:
I am trading USDJPY in an uptrend, the indicator will only alert me for buy entries, if it applies to downtrend.
DASHBOARD:
Our dashboard indicates the volatility of the traded asset, the short-term trend and the trade signal.
HOW TO USE:
Choose the asset you want to trade and, in the settings, change the time period you want for your trading style, for example: Swing Trade, Day Trade or Position.
See regions with large trading volumes indicating price manipulation or just supports and resistances too strong to break.
Nota Keluaran
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- Add Supertrend We added Super Trend to improve recognition of when it starts. - Add Risk Based on Supertrend, it recognizes when a new trend will reverse or continue. - Add Take Profit and Stop Loss lines.