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Trend reversal lines

30 USD

Demo downloaded: 30

Published: 14 May 2020

Current version: 1.1

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Trend reversal lines

Indicators
Andrey Frolov
Version: 1.1
Activations: 5

Trend indicator, draws 2 bars of different colors on the chart. A change of one lane to another signals a market reversal in the opposite direction. The indicator also places on the chart 3 parallel dashed lines High, Middle, Low line which show respectively the top, middle, bottom of the forming reversal.

Parameters

Depth - Depth of indicator calculation, the higher the parameter, the longer-term signals;
Deviation - Deviation of the indicator during drawing;
Backstep - The intensity of the display of turns, the less, the more intense.

* Trading strategy.

- When an ascending line is drawn, this is a buy signal;

- When a downward line is drawn, this is a sell signal.

more...

Screenshot #1 Trend reversal lines

Screenshot #2 Trend reversal lines

Screenshot #3 Trend reversal lines

Screenshot #4 Trend reversal lines

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Trend indicator. Designed for long-term trading. It is recommended to use on a chart with the M30 timeframe or higher. When the red line crossed the green line below the zero mark, and the green line, respectively, crosses from above, then it is a buy signal. When the green line crossed the red line above the zero mark, and the red line, respectively, crosses from above, then it is a sell signal. Parameters Indicator period - period of the indicator. (The greater the period, the more long-term

The indicator displays points showing a symbol trend. Bullish (blue) points mean buy signals. Bearish (red) points mean sell signals. I recommend using the indicator in conjunction with others. Timeframe: M30 and higher. Simple strategy: Buy if there are two blue points on the chart. Sell if there are two red points on the chart. Parameters Trend points period - The main period of the indicator; True range period - The auxiliary period of the indicator; Points calculation method - Calculation m

Trend indicator. Displays a two-colored line on the chart, which shows the market direction. The blue color shows the uptrend. The red, respectively, shows the downtrend. It is recommended to use on charts with the M30 timeframe or higher. Simple strategy: When the line changes its color to blue, buy. When it changes to red, sell. Parameters Trend Uncover period - period of the indicator;

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