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Chainsaw 2 AM

A quick indicator with simple settings that does not take up much space in the working window and is displayed as simply as possible.

The indicator analyzes the ratio of maximum and minimum prices for selected periods.

Visually, the indicator is similar to its first version (Chainsaw AM), but a completely different principle is used for calculation.

The indicator allows you to clearly determine the medium/short-term trend and support/resistance levels at points where the trend direction changes.

Indicator:

  • does not redraw;
  • has the ability to send messages to the terminal and email;
  • can be useful for both beginners and experienced traders.

Visually, the indicator represents two histograms corresponding to a fast and a slow signal.

The histogram is above zero - the trend is upward.

The histogram is below zero - the trend is downward.

On the bar on which the trend change occurred, the indicator gives a signal in the form of a histogram peak and a mark on the price chart.

The mark on the price chart is a reasonable level for setting a protective stop order or reversal order.

Indicator signals require confirmation in the form of the price breaking the high/low of the bar on which the signal was sent.


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Receba a sua atualização diária do mercado com detalhes e screenshots através do nosso Morning Briefing aqui no mql5 e no Telegram ! O Volume FX é o PRIMEIRO e ÚNICO indicador de volume que fornece uma visão REAL do sentimento do mercado do ponto de vista de um corretor. Ele fornece uma visão incrível de como os participantes do mercado institucional, como corretores, estão posicionados no mercado Forex, muito mais rápido do que os relatórios COT. Ver essas informações diretamente no seu gráfi
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ACTUALMENTE 31% DE DESCONTO!! A melhor solução para qualquer novato ou comerciante especializado! Este indicador é uma ferramenta comercial única, de alta qualidade e acessível, porque incorporámos uma série de características proprietárias e uma fórmula secreta. Com apenas UM gráfico, dá alertas para todos os 28 pares de moedas. Imagine como a sua negociação irá melhorar porque é capaz de identificar o ponto exacto de desencadeamento de uma nova tendência ou oportunidade de escalada! Con
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Mohamed Hassan
5 (15)
This indicator is unstoppable when combined with our other indicator called Katana. After purchase, send us a message and you could get Katana for FREE as a BONUS After purchase, send us a private message for your instructions.  MT5 version: click here 3 copies left available at $45. Next price is $99. Don't miss this great deal!  The Trend Forecasting indicator is a very unique & easy tool that is able to make prediction about future price movement based on the signals generated
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Guner Koca
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up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that is down signal.and price probably will go up. when the signals not seen press + button on terminal . too see weekly chart because of low data on chart ,it needs to lower p
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