SFT Trend Chart
Can be used when working with binary options
- Does not redraw.
- Additional parameters for fine tuning.
- Works on all timeframes and symbols.
- Suitable for trading currencies, metals, options and cryptocurrency (Bitcoin, Litecoin, Ethereum, etc.)
- Suitable for manual trading and development of Expert Advisors.
For more accurate entries and additional confirmation of signals, it can be used in conjunction with other indicators.
Setting up the indicator
- Deep Bars - indicator period;
- Sensitivity - indicator sensitivity, the smaller the number the more sensitive;
- Price - prices on which the indicator is built;
- MA1 Mode - the method of calculating the first moving average used in the calculations;
- MA2 Mode - the method of calculating the second moving average used in the calculations;
- MA3 Mode - the method of calculating the third moving average used in the calculations;
- When a red candle appears, open Sell or Put (for options)
- When a blue candle appears, open Buy or Call (for options)
- The trade direction should correspond to the direction of the trend on a higher timeframe.
- Exit the trades at a reverse signal or at the defined SL and TP levels.
- When using SL and TP, set SL beyond the nearest extremum, TP = 1..2 SL.
- Well proven in collaboration with the indicator SFT Local Trend Signal
Other trading options are also possible, you can develop the most convenient tactics for you in the process of trading.
Additional information and a more detailed overview of trading methods can be seen here:
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