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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
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