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Refik MOV Indicator

This indicator is derived from 3 moving averages.

Use it for H1 or lower timeframes.

Timeconvert setting does not take effect on H1. When it is set to true, conversion is made relative to H1.

You can adjust minimum values to eliminate sideways movement.

You need to wait for the yellow line to cross the dashed red line. Crossing any of the lines will start the trend scenario. When it returns back and crosses the white line, trend is over. As long as the yellow line is between the red dashed lines, it is sideways.

Maksym Mudrakov
10345
2016.08.31 15:30 
 

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