Trade Area
- Indicatori
-
Jinsong Zhang
MT5 Articles List - Traders' Blogs: https://www.mql5.com/en/blogs/post/90 - Versione: 1.1
- Aggiornato: 20 novembre 2021
- Attivazioni: 5
Most time the market is in a small oscillation amplitude. The Trade Area indicator helps users to recognize that time.
There are 5 lines in this indicator: Area_high, Area_middle, Area_Low, SL_high and SL_low.
Recommendations:
- When price is between Area_high and Area_Low, it's time to trade.
- Buy at Area_Low level and sell at Area_high level. The SL_high and SL_low lines are the levels for Stop Loss.
- Change the Deviations parameter to adjust SL_high and SL_low.
