IND Inverse direction. Need Help. - page 2
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IndInnv_EmaDirection
I think this the last version of this indicator.
Hi Alex,
It looks good. Pardon my ignorance, how do you use it? What other indicators do you use this with? Can you explain a bit?
Tx - Rgrds
There are no clear rules. Assume that the histogram grew, then it was slowed down and began to go to other side - this there is a weak signal for the entrance to sale. But in order more clearly to enter it is necessary to look at "0"-line (DodgerBlue) and at the situation general.
Also it is possible to confirm entrance by this indicator.
If on TF M5 "0"-line left the zone +/- 0.23, then is very probable the recoil of price.
There are no clear rules. Assume that the histogram grew, then it was slowed down and began to go to other side - this there is a weak signal for the entrance to sale. But in order more clearly to enter it is necessary to look at "0"-line (DodgerBlue) and at the situation general.
Also it is possible to confirm entrance by this indicator.
If on TF M5 "0"-line left the zone +/- 0.23, then is very probable the recoil of price.Alex, thanks for the explanation, appreciated.
Brgds