VIX 75 Step Index
Upgraded - Stars added to indentify Areas you can scale in to compound on your entry when buying or selling version 2.4
Upgraded Notifications and alerts added version 2.3
*The indicator is suitable for all pairs fromm Deriv pairs (Vix,jump,boom & crashindices) , Currencies, cryptos , stocks(USA100, USA30), and metals like gold etc.
How does it work?
●Increasing the period make it more stable hence will only focus on important entry points
●However lowering the period will mean the indicator will be more reactive to the market volatility hence may be subject to all sorts of signals right and wrong ones included, so you have to be very careful
●The indicator has alerts that will activate only if the candle closes with an arrow on it , wait for the candle to close. This is the decision point to see if the Entry/Signal will be valid, If not then the arrow will disappear and there will be no alert/signal or it will mean continued bullish or bearish pressure.
●In the indicator options , you can either activatethe aggressive entry or not -The aggressive Entry will help you get more Sniper Entriesbut maybe unstable , if you do not activate Aggressive entry it will make safer entries .
*BUY Rules , when the GREEN ARROW appears buy after candle closes, Stop loss just below the previous swing low
- you can scale in when you a Green star appears in order to maximize on your entry
*SELL Rules , when the RED ARROW appears Sell after candle closes , Stop loss just below the previous swing high
- you can scale in when you a Red star appears in order to maximize on your entry
Recommended timeframe H1.M30, M15
use timeframe which suits your trading style. Try to Avoid ranging markets