The indicator starts below the main
chart window and is very simple to use.
There are 2 steps to take signals via this indicator.
In a summary, take long position when you see green dot on zero line AND blue histogram lines.
And sell your position, when you see green dot on zero line AND red histogram lines.
Please note that I’m not the developer of this indicator. Just sharing with you from my indicators library. So, all the copyrights and credits goes to the original developer.
I’ve tested it on different currency pairs and time frame. It works on everywhere but gives best results on high time frame like H4. It’s always better to trade on H4 time frame to avoid volatility of the market and false signals.
You can check more examples of this indicator on my website.
The Expert Advisor places stop orders and waits for breakdown of the last day or time period.VisualTrader-SimulatorEdtion
Use the tester as Simulator