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A pivot point is an intraday technical indicator used to identify trends and reversals mainly in equities, commodities, and forex markets . Pivot points are calculated to determine levels in which the sentiment of the market could change from bullish to bearish, and vice-versa. the swing daily is an advanced pivot points indicator that grants the user control over many aspects of the trading levels that you'll get familiar with in the controls section it's used mainly to locate
Experience the power of Demark Trends Indicator for comprehensive trend analysis and trading insights. Demark indicators are renowned for their effectiveness in assessing market trends and exhaustion points. Our Demark Trends Indicator takes this expertise to the next level, automatically drawing precise trendlines on your charts. With customizable parameters, including the number of candles in calculations, alarm settings, and line colors, you have full control over your analysis. Whether
Trading forex step-by-step guide
Open a spread betting or CFD trading account. ...
Start researching to find the FX pair you want to trade. ...
Based on your research, decide if you want to buy or sell. ...
Follow your strategy. ...
Place your forex trade. ...
Close your trade and reflect.
it depends on channels and moving average in sketching the chart in two colors the default colors are gold and light blue to highlight the area of downtrend and the area of uptrend TO ADJUST THE INDICATOR YOU CAN CHNGE THE FOLLOWING: 1- the look back period which affects the length of the moving average 2- the multiplier which affects the point of swing in the trend 3- the channel shift which affects how close the line is moving to the price the default settings are the best for the
it depends on ATR period to get swing points to help make better trading decisions blue dot and red dot is the default color scheme of course you can change it later if you'd like you can change the following : ATR PERIOD sending notifications number of times to send notifications sending notifications to your smart phone that's it very simple to use just drag and drop and follow the trend
i just posted a product and i appreciate a positive review
https://www.mql5.com/en/market/product/93252
Welcome to RSI Colored Candles, an innovative indicator designed to enhance your trading experience by integrating the Relative Strength Index (RSI) directly onto your price chart. Unlike traditional RSI indicators, RSI Colored Candles utilizes a four-color scheme to represent RSI levels directly on your candlesticks, providing you with valuable insights at a glance. Features and Benefits: Space-saving Design: Say goodbye to cluttered indicator windows! RSI Colored Candles saves valuable chart