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This indicator is not an ordinary moving avarage, even if it behaves similarly. I really like to use this to identify pullbacks. I only use this strategy once a day for one instrument, not more often. It is best if the price is further away from the line in the morning and when the pullback occurs, then you can create an entry setup using this indicator. Use additional indicators or use this as a supplement to your existing strategy.
This is not a holy grail. A pullback can quickly become a t
This is a multi-timeframe indicator that collects data from multiple time frames. It tries to identify the trend and predict a pullback. You have to understand that trends emerge suddenly and with that the pullback turns into a new trend. This is not a holy grail, always remember your stoploss. Use this indicator as a complement to your existing strategy.
The lines that are displayed on the chart can be changed so that they are only displayed in the indicator window and are therefore not dist
This indicator changes the color of the chart when prices are more bullish or bearish. It is recommended to use this indicator on small timeframes and only during peak trading hours. And don't forget your stop limit. This is not an oracle and not a holy grail.
In the settings, you can change the color of the candles and also their sentiment. To do this, use the Set 1 and Set 2 settings and test.
With this tool you can create some useful data in a CSV file.
You can:
- Determine time frame - the number of candles to be loaded - Name the file whatever you want - Select additional data sets to be loaded
The following data is written to a CSV file.
- Time when the candle was created. - Open price - Close price - High price - Low price
The following selection is also available to you:
- Volume - RSI (you can also select the period) - Moving Avarage (you determine the period and m