Line on FATL AM

This indicator allows you to identify a long-term trend and shorter-term price fluctuations.

Indicator signals are given only after the full formation of the bar.

The indicator can be used to trade any market.

The indicator showed the most interesting results on major currency pairs for time periods of one hour or more.

Its basic parameters perform well in most situations.

At the same time, before starting trading, you should choose the most effective indicator settings for the user's trading style.

• Suitable for all markets;
• Not redrawn;
• Intuitive and simple;
• It can be useful for both beginners and experienced traders;

• When a buy signal appears (a signal below the low of the last formed bar), a pending buy stop order is placed one point above the high of such a bar (plus the spread);
• When a sell signal appears (the signal is higher than the high of the last formed bar), a sell stop order is placed one pip below the low of such a bar;
• Chart points where indicator signals are located are a good choice for setting protective stop orders;
• Take into account the trend of a longer period. Don't forget - the trend is your friend.