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SoftWork.Ng
This indicator is designed to help traders easily spot market trends and trade entry opportunities, even if you're just getting started.
🔍 How It Works:
Trend Detection with Moving Averages:
The indicator uses two moving averages to detect the overall trend.
When the trend is bullish (uptrend), the chart background turns green.
When the trend is bearish (downtrend), the background turns red.
This gives you a quick visual cue about the market direction.
Multi-Timeframe Analysis (MFT):
It checks higher and lower timeframes to confirm trade setups.
This helps filter out false signals and ensures that entries are made with the overall trend, not against it.
Entry Signals:
The indicator looks for strong signals (like a crossover or confirmation condition) on a lower timeframe when the trend on a higher timeframe agrees.
This means you only get trade signals when both timeframes are aligned.
✅ Why Use This Indicator:
No need to manually check multiple charts or draw complicated setups.
Ideal for beginners who want a simple, visual way to understand market structure.
Helps you stay on the right side of the market and avoid emotional trades.
💡 Use this indicator as part of a complete trading plan. Always combine it with proper risk management and backtesting.
🔍 How It Works:
Trend Detection with Moving Averages:
The indicator uses two moving averages to detect the overall trend.
When the trend is bullish (uptrend), the chart background turns green.
When the trend is bearish (downtrend), the background turns red.
This gives you a quick visual cue about the market direction.
Multi-Timeframe Analysis (MFT):
It checks higher and lower timeframes to confirm trade setups.
This helps filter out false signals and ensures that entries are made with the overall trend, not against it.
Entry Signals:
The indicator looks for strong signals (like a crossover or confirmation condition) on a lower timeframe when the trend on a higher timeframe agrees.
This means you only get trade signals when both timeframes are aligned.
✅ Why Use This Indicator:
No need to manually check multiple charts or draw complicated setups.
Ideal for beginners who want a simple, visual way to understand market structure.
Helps you stay on the right side of the market and avoid emotional trades.
💡 Use this indicator as part of a complete trading plan. Always combine it with proper risk management and backtesting.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Contact me via mail@softwork.ng
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Contact me via mail@softwork.ng
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.