The indicator detects the potential reversal points. For the GBPUSD.M5 currency pair
Can only be used on the GBPUSD currency pair with the M5 timeframe!
The signal is formed above the bar after it closes.
Red arrow - The potential point of price turning Downwards. Green arrow - The potential point of price turning Upwards.
History - the number of bars in history to form a signal.
This is a non-repainting indicator of fractal highs and lows.
Red arrow - the Fractal High level. It is determined after the close of the preceding bar. Blue arrow - the Fractal Low level. It is determined after the close of the preceding bar. Crossmark - the Fractal that does not fit both filters, its detection is usually delayed. The indicator also draws Fractal Support and Resistance lines.
Red line - Fractal resistance. Blue line - Fractal support. Settings:
This is a trend system for portfolio trading on cross packages.
Example of a cross package: EURUSD-USDJPY-EURJPY or EURUSD-GBPUSD-EURGBP etc...
The system works on any currency, timeframe and broker.
The EA calculates only support and resistance levels and opens a trade after these levels are broken through.
A sell trade is opened if the price breaks through the support level.
A buy trade is opened if the price breaks through the resistance level.
The system does not have "the most...