- What's new
This line uses a special algorithm to track price movement and plots bullets to indicate direction change.
Great for scalping or long-term trading.
Features alert function.
How to use:
Simply attach to any chart with default settings.
Sell on red bullets.
Buy on blue bullets.
Best results when checking the higher time frames before entering trades, i.e., bullets appear on the current and higher 2 time frames. E.g., for a sell, look for red bullets to appear on H1, H4 and Daily, or lower time frames.
Best results when entering trades from the upper (for sell) or lower (for buy) extreme of indicator window on more than one time frame.
Use as you see fit for your strategy.
Best results on Major Pairs, but can also be used on other pairs.
Important to note:
Please do not use this indicator haphazardly. Make sure it compliments your strategy.
Don't risk money you cannot afford to lose.
You use this indicator at your own risk. Please apply money management wisely.
Always test your strategy on a demo account before using a new indicator on a live account.