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Pyramids trend line

The "Pyramids trend line" is a trading and a Filtering tool too, it is based on a combination of important indicators in one tool.

We programmed a dashboard that helps you know the current direction for each time frame, to avoid wasting time searching for it.

We also put a percentage of the trend to know its current strength (using all time frames).



The advantages of this indicator:
  1. It is easy to know the trend in all time frame.
  2. It is easy to know the strength of the trend.
  3. It gives you the opportunity to trade with the general trend.
  4. It gives you an opportunity to filter and improve your trading method.
  5. Never repaints, never back paints, never recalculates.
  6. It works with all Currencies, Stocks, Crypto Currencies ... etc
  7. It has an alert when the direction changes.


Input Parameters

  • Enable DASHBOARD  '' (Optional)  '' = true\ false 
  • Enable Alert '' (Optional)  = true\ false
  • color uptrend = Green
  • color downtrend =   Red


How to use it 

No complicated rules just follow 2 simple steps!

Step 1: if the trend line green "uptrend" and the strength of direction for uptrend > 60%

  • Go for long "BUY" position.   

Step 2:  if the trend line red "downtrend" and the strength of direction for downtrend > 60%

  • Go for short "SELL" position.   


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Version 1.20 2020.03.24
NEW VERSION

We programmed a SCANNER that helps you know the current direction for each time frame AND each pair you choose from input, to avoid wasting time searching for it.