Hello friends, Welcome to my new Indicator and thanks to all of them who always helped me for making my efforts positive
Responsibility of this indicator is to provide us a signal by calculating current position.
Default setting is 32 bars. Actually the calculation is based on bar counting. I have set it 32 but user can change it
Total High - Total Low = Answer / 2 the result will become BUY or SELL
In this indicator 3 lines will appear
- If Bar crossed or closed below the middle line then current position maintaining sell
- If Bar crossed or closed above the middle line then current position maintaining buy
- Instead of this manual watch, Indicator will show texts "Buy Signal" or "Sell Signal"
This indicator will used in any time frames but I recommend you to please trade on D1 or high with cash management (Always keep your margin in your hands)
Thanking You and Happy Trading :)