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Morwa Directional Bias

This indicator helps to trade in the right direction of the market, by knowing the bias of the market.  If you are a swing trader this is the best indicator for you.  You will just see the bias on the top right of your chart/screen. You can sometime wait for reversals then continue with the trend/bias. Indicator is based on moving averages and showing daily bias of the market. KEEP IN MIND THAT THE BIAS IS STRICTLY SHOWING THE DAILY TIMEFRAME TREND ONLY.


You can check the video attached.  

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The indicator detects and displays Shark harmonic pattern (see the screenshot). The pattern is plotted by the extreme values of the ZigZag indicator (included in the resources, no need to install). After detecting the pattern, the indicator notifies of that by a pop-up window, a mobile notification and an email. The indicator highlights the process of the pattern formation and not just the complete pattern. In the former case, it is displayed in the contour triangles. After the pattern is comple
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Charles Henry Dow felt that if the industrial average and the railroad average both moved in the same direction, it meant that a meaningful economic shift was occurring. In brief, this indicator bases on the Dow's theory. It can create an index of market symbols, almost anythings index. For example: Index of the Euro, Index of the Great Britain Pound, Index of the Japanese Yen, Index of the Swiss Franc, Index of the Gold, Index of the New Zealand Dollar, Index of the Australian Dollar, Index of
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Добрый День уважаемые трейдеры!  Вашему вниманию индикатор созданный и работающий на базе трендовика ADX,  для торговли на смене направления движения который учитывает коррекцию и даёт возможность на ней заработать.  Применяю этот индикатор для скальпинга. Рекомендую таймфреймы от 15 ти минутного(М15) до часового (Н1) периодов.  Красный кружок сигнал на продажу- Sell) Зелёный кружок  сигнал на покупку Buy) Чем меньше ваш таймфрейм тем меньше пунктов вы зарабатываете.   Важно выставлять стопы! !В
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1 (1)
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4.5 (2)
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4.63 (54)
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Version 2.0 2023.11.14
in version 2 arrows are removed, you can see the bias without scrolling back on the chart looking for previous bias arrows