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Alpha Trend Spotter

30 USD

Demo downloaded: 181

Published: 30 March 2015

Current version: 208.19

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Alpha Trend Spotter

Indicators
Andy Ismail
Andy Ismail
Indonesia

5984
3.6 (6)
13 products 3 codes 2 comments
Version: 208.19
Updated: 26 August 2019
Activations: 5

This is an indicator for finding the strongest trend each day, suitable for intraday trading or a swing trading.

See the live performance at : https://www.mql5.com/en/signals/93383

How to Use:

RED BAR means Bearish Trend for the next candle
GREEN BAR means Bullish Trend for the next candle
ORANGE BAR means Sideways Trend for the next candle

Example:

If we are using D1 timeframe, see the last BAR, if the bar is RED BAR, open short/sell for today.

If we are using H1 timeframe, see the last BAR, if the bar is GREEN BAR, open long/buy until next hour.

You can сombined it with Parabolic SAR Indicator for helping you to place the TP & SL.

more...

Screenshot #1 Alpha Trend Spotter

Screenshot #2 Alpha Trend Spotter

Screenshot #3 Alpha Trend Spotter

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