KPL Chart Uptrend Downtrend

5

This is a very simple indicator and easy to use for everyone. However, it's very visual, useful and effective. It is suitable for every Forex symbol and any timeframe. But from my testing and investigation, I do not recommend to use it with timeframes M1, M5, M15. 

Setting.

- Choose alert On/Off ( default ON).

- Select time ( seconds) between 2 alerts . Default is 30 seconds 

How it works?

  • Uptrend—When color of the bar is Green.
  • Downtrend—When color of the bar is Orange.
  • A reversal happens if color of the bar changed. 

Recommendations on usage

  • Buy in the Uptrend and the high of the bar are approximately the same ( Green Color).
  • Sell in the Downtrend and the high of the bar are approximately the same ( Orange Color).
  • Avoid entering the market when a reversal have just happened, consider 2 or 3 bar continuous.

You can also change the color of bar in Uptrend and Downtrend if you want.

Perfect if it combine with KPL Swing Indicator

KPL Swing Indicator

 

 

 


Reviews 1
Findolin
2850
Findolin 2023.10.02 11:07 
 

Sehr gute Idee, aber leider kommen die Kezenfarben nicht, wenn ich den Indikator auf den Chart ziehe. -:(

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Scalper Vault   is a professional scalping system which provides you with everything you need for successful scalping. This indicator is a complete trading system which can be used by forex and binary options traders. The recommended time frame is M5. The system provides you with accurate arrow signals in the direction of the trend. It also provides you with top and bottom signals and Gann market levels. The indicator provides all types of alerts including PUSH notifications. PLEASE CONTACT ME A
Divergence Bomber
Ihor Otkydach
4.89 (94)
Indicators
Each buyer of this indicator also receives the following for free: The custom utility "Bomber Utility", which automatically manages every trade, sets Stop Loss and Take Profit levels, and closes trades according to the rules of this strategy Set files for configuring the indicator for various assets Set files for configuring Bomber Utility in the following modes: "Minimum Risk", "Balanced Risk", and "Wait-and-See Strategy" A step-by-step video manual to help you quickly install, configure, and
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KPL Swing Indicator
Hoa Hoang Van
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Indicators
The KPL Swing indicator is a simple trend following mechanical trading system which automates the entry and exit. The system works with a hard stoploss and a trailing stoploss for exit with profitable trades. No targets are given as no one knows how high (or low) a Price can move. A trailing stoploss locks in the gains and removes emotions from trading. Convert from indicator Amibroker with modified Perfect if combining with KPL Chart Uptrend & Downtrend
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Findolin
2850
Findolin 2023.10.02 11:07 
 

Sehr gute Idee, aber leider kommen die Kezenfarben nicht, wenn ich den Indikator auf den Chart ziehe. -:(

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