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Easy Technical

Easy Technical Indicator is a powerful tool to detect the market trend and its strength.

in addition, The signal Line reduce volatility and convert main trends to reliable Buy or Sell Signals 

--- Contact me in messages for free gift after purchase!   ---

HISTOGRAM:

  • It shows the main trend of the market.
  • A histogram above zero means that the market is bullish
  • A histogram below zero means that the market is bearish
  • The height of the histogram bars indicates the strength of the trend
  • weak, normal and strong bullish or bearish is shown by histogram bars height
  • When the bars reach 100 & -100, it means the market is overbought & oversold
  • When the histogram does not form (equal to zero), it indicates a neutral market
SIGNAL LINE:

  • The main task of the signal line is to  reduce volatility of the histogram
  • Signal line  ignore the opposite trends, minor correction and neutral trends
  • Crossing the signal line from below zero to above, means a buy signal
  • Crossing the signal line from above zero to below, means a  sell signal
  • you can change the period of signal line in settings panel

Indicators used:
  1. Multiple moving averages with different periods and methods
  2. Ichimoku base line (Kijun-sen)
  3. MACD
  4. ADX
  5. Momentum
  6. CCI
  7. William's Percent range  
  8. Stochastic
  9. Envelopes
  10. DeMarker
  11. Awesome
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Version 2.0 2022.10.16
Fundamental change in the calculation formula
Added signal line
Added more indicators
Reducing the number of MA
Version 1.1 2022.10.09
Fixed a minor bug