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Buy Sell Signal Low TF MT4

5

Buy Sell Signal Low TF gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern in low timeframe.

This is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend. 


The components of Buy Sell Signal Low TF:

- The trend is determined by SMMA 13 , SMMA 21 and SMMA 35 (can be changed manually to suit your preference).

- The signal is based on CCI cross 0 line. Default period: 8 (can be changed manually to suit your preference).

- The indicator is designed for using in low timeframe. Therefore, a decent and strict market noise filter is built in.


The indicator gives signal at close of the candle and does not repaint.

Recommend: M5, M15 for scalpers ride on trend.


How to use:

- Turn on the alert function (Email/Push notification/Pop-up alerts).

- When having signal, screening the price action and looks for support/resistance or supply/demand zone or moving average (as dynamic support resistance) to determine whether it is a good pullback setup or not. After that, place a trade.


The purpose of this indicator is to lesser screening time for scalpers.

MT5 version of the indicator can be found here: https://www.mql5.com/en/market/product/79245

Reviews 1
artcandy3
29
artcandy3 2023.07.30 03:43 
 

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4.5 (4)
Trend Arrow Signal gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern. As the name indicated, this is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend. The main trend is determined by EMA 50 and can be changed manually to suit your preference. Trend arrow signal can work on all time frames.  It gives signal at close of th
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Buy Sell Signal Low TF gives buy/sell signals and alerts with up and down arrow at potential reversal of a pullback or a trend continuation pattern in low timeframe. This is an indicator which gives signals based on trend => It works best in trend market with the principle is to ride on the trend not trade against the trend.   The components of Buy Sell Signal Low TF: - The trend is determined by SMMA 13 , SMMA 21 and SMMA 35 ( can be changed manually to suit your preference). - The signal is
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artcandy3
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artcandy3 2023.07.30 03:43 
 

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