Trading strategies with indicator SFT Full OsMA

SFT Full OsMA

Distinctive features

• Does not redraw;
• Additional parameters for fine tuning;
• Display as a line or as a histogram;
• Works on all timeframes and symbols;
• Suitable for manual trading and for the development of advisers.
• For more accurate inputs and additional confirmation of signals can be used in conjunction with other indicators.

Indicator settings

• Period_FastMA - the period of the fast moving average;
• Period_SlowMA - the period of the slow moving average;
• Period_SignalMA - the period of the signal moving average;
• Method_FastMA - type of fast moving average;
• Method_SlowMA - type of slow moving average;
• Method_SignalMA - the type of the signal moving average;
• Price_FastMA - prices for building a fast moving average;
• Price_SlowMA - prices for building a slow moving average;
• Line_or_Histo - display of the indicator true - as a line, false - as a histogram.

Trade recommendations

• If the histogram (line) is above zero and the highs are rising, then there is an uptrend in the market.
• If the histogram (line) is below zero and the lows fall, then there is a downtrend in the market.
• The appearance of local minima and maxima on the histogram indicates that the price may turn around or begin correction.
• If the histogram (line) crosses the zero level from the top down - this is a sell signal, if the bottom-up is a buy signal.
• Classical signals of divergence between the indicator and the price chart are additional confirmation signals.
• The direction of the transaction should correspond to the direction of the trend on the older timeframe.
• Exit from the transaction on a reverse signal or on established SL and TP.
• When using SL and TP, it is desirable to install SL for the nearest extremum, TP = 1..2 SL.
• There are other options, in the process of trading you can develop the most convenient tactics for you.