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MaunaLoaBinary

Mauna loa is an indicator for binary options, programmed to get momentum reversal and recommended for manual trading

 Indicator Parameter

  • Alert = true/false
  • AlertOnBar = Current Bar / Close Bar
  • RSI Period = RSI Period
  • Slowed UPDown Movement = Used to slow the up and down movement of the RSI indicator
  • Smooth RSI Line = Used to smooth RSI lines
  • OverBought Level = RSI Overbought 
  • OverSold Level = RSI Oversold
  • Signal Filter = On/Off
  • Filter Based On = RSI Indicator / Price HILO / Extreme level OBOS
  • Arrow Type  1 = up , 2 = down 

    Recommended to use

    • Timeframe  : M5 / M15 or Higher
    • Expired Time: 1 Candle 
    • Pair: Any ( don't use at high volatility or high impact news ) 
    • Use additional indicators such as SnR / SnD or Indicator to confirm the reversal
    Default indicator settings are used for auto trading users on the M5 timeframe with an expiry of 1 candle and the M1 timeframe with an expiration of 4 candles


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        Version 2.0 2023.10.18
        optimize default settings for M5 or higher
        Version 1.8 2022.12.12
        update on the default settings for automatic trading users
        Version 1.7 2022.12.11
        aaargh, this is an update because I forgot a small part of the code. will be updated to 1.7 :(
        Version 1.6 2022.12.11
        Changes all calculations on indicators.
        RSI indicator can be smoothed and slowed down
        Version 1.5 2022.10.08
        1. Updating technical indicators used in filters and multi confirmators
        2. Change personal indicator settings and usage rules
        Version 1.4 2021.12.26
        Upgrade multiconfirmator
        Version 1.3 2021.12.22
        1. give the Choice to using stochastic or No, adding a fixed reversal strategy with bollinger bands, and adding a filter mode
        Version 1.2 2021.12.16
        has been upgraded, by adding some indicator techniques that can be activated or not
        Version 1.1 2021.12.12
        add stochastic