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DayWay

The DayWay indicator shows the current trend direction on the chart as a colored line. The best timeframes for operation are M5 and higher. Works on all currency pairs. Suitable for any scalping strategies. Quite easy to use.


Recommendations on usage

  • When a blue line appears, wait for a candle to close and open a buy order.
  • When a red line appears, wait for the current candle to close and open a sell order.


Parameters

  • Periods - period of the indicator.
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