|The Pulse ZZ indicator is a specialized algorithm that is designed to assess the market situation and identify the optimal moments for creating successful positions. The algorithm in question is, in fact, an improved version of the CCI tool, which provides higher accuracy of the output signals, and also has a large number of configurable parameters.|
The signals of the described algorithm are as simple as possible, which makes it a suitable choice for most novice speculators who do not have enough experience to use more complex tools.
The Pulse ZZ indicator is a fairly universal algorithm, since its signals maintain a high level of accuracy on almost any time intervals and currency pairs.
Settings for this indicator:
- "CCI-Period" - this parameter is responsible for the period of the CCI tool, which is part of the described algorithm.
- "Smooth-Period" - in this field, you can configure smoothing of curves displayed in the window of the described algorithm.
- "Mode" - this parameter is responsible for the type of moving averages included in the described algorithm.
- "Price" - in this field, you can select the type of price level that will be used when building moving averages integrated into the described algorithm.
- "ModeS1" - In this field, you can select the type of additional curve that will be displayed in the window of the described algorithm.
- "ModeS2" - this parameter is responsible for the type of the second additional curve that will be displayed in the window of the algorithm under consideration.
- "Alert-Level" - in this field, you can configure the levels for the window of the described instrument, at the intersection of which the main curve will generate signals to create successful positions.
Also, in the parameters of the described algorithm, you can configure the appearance of an information window when one level is broken in the window of the described tool. In addition, you can configure receiving audio signals and messages to your phone when you identify the next place to create a successful position.
The use of the indicator:
It is quite simple to apply the described algorithm. To start earning with it, you need to open a trading chart and monitor the signals that appear. First of all, you need to wait for the information window to appear, where you will see a message about breaking through one of the levels.
At this point, you need to prepare to create a position in one direction or another. Next, you need to follow the main curve of the described algorithm and wait for its hue to change.
As soon as the curve of the described algorithm changes its color from red to white, you need to create a sell position. Changing the color of the curve of the algorithm in question from blue to white is a signal for creating a buy position.
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