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Trend Direct

The Trend Direct indicator helps you to trade with trend. This indicator includes trend calculations with technical Daily Fibo levels.

  1. When an up arrow appears on a chart, you can take a long position.
  2. When a down arrow appears on a chart, you can take a short position.

For the filtration of false signals, you can consider FIBO levels when an arrow appears.


Condition for Filtration

When the up arrow appears, check for an upper level breakout for long entry. When the down arrow appears, check for a lower level breakout for short entry.


Parameter

  • Length: Number of candles for calculations of High and Low.


Best Periods and Parameters

SYMBOL BEST PERIOD VI_LENGTH
EURUSD M30 28
GBPUSD M30 28
USDCHF M30 28
USDJPY M30 28
USDCAD M30 28
NZDUSD M30 28
AUDUSD M30 28
AUDNZD M30 28
AUDCAD M30 28
AUDCHF M30 28
AUDJPY M30 28
CHFJPY M30 51
EURGBP M15 28
EURAUD M15 28
EURCHF M15 28
EURJPY M15 28
EURNZD M30 51
EURCAD M30 51
GBPCHF M30 51
GBPAUD M15 51
GBPCAD M30 28
GBPJPY M30 51
CADCHF M30 28
CADJPY M30 28
NZDJPY M15 28
XAUUSD M30 28
XAGUSD M15 51
sanek-l
196
2016.09.29 10:39 
 

Please add the ability to change the color of Fibonacci levels (lines and text). Thanks in advance!

Maksym Mudrakov
9725
2016.08.31 09:17 
 

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