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Hexo Zones

37.50 USD

Demo downloaded: 8

Published: 13 September 2023

Current version: 1.0

Hexo Zones

Indicators
Mateus Cerqueira Lopes
Version: 1.0
Activations: 5

Being part of our trading system which is made up of three indicators:

Hexo Trend - Main Indicator

Hx Stochastic – Our version of the Stochastic Oscillator.

Hexo Zones: made up of two indicators that help you enter and stay in a trend. Being a special moving average and our 07-color coloring rule.

- Hx Moving Average: Average with special calculation, which tries to define the trend. Figuratively, we consider the average as the division into two zones. Above average zone, we only think about shopping. (bull move) Zone below average, we only think about sales. (bearish move) To signal the split, the average turns green indicating periods of buying, and red indicating periods of selling. In good uptrends the price should not have any closes below the average, in good downtrends the price should not have any closes above the average.

Furthermore, its special calculation makes it easier to follow the entire trend. Functioning as a support and resistance zone. Another characteristic is that our average will become narrower in moments of strong trends, and wider in periods of lateralization. (no trend)

Coloring rules 07 colors: rule that colors the candles in seven colors (light green, green, dark green, pink, red, dark red and gray) with the green colors being an uptrend and red being a downtrend. The darker the colors, the greater strength, with gray indicating no defined trend. Therefore, dark colors should be operated, light colors should be avoided, or operated with great care, gray colored candles should not be operated. This way it is possible to have an idea of the progress of the trend candle by candle.

Trading Tips: Using our Hx Stochastic indicator, you can take advantage of price inflection points close to the average. These are great entry points, place your stop at the average and set a return of 2x to 5x the value of your risk.

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