Moving Band

Moving band is a trend based, custom indicator which combines multiple Moving Averages and Bollinger Band.


Features

  • Trend based Indicator
  • Does not repaint
  • No False Signals
  • Works on all Time Frames
  • Applicable on Forex, Indices and Stocks


Input Parameters

  • Show Indicator after Testing: True/False
  • Sound an alert: True/False
  • Send an email: True/False
  • Send a notification: True/False

Signals

  • The signals are generated with intersection of multiple Moving Averages with mid Bollinger Band
    • Buy when Green arrow appears
    • Sell when Red arrow appears

Take Profit and Stop loss:

  • Take Profit: Profit should be taken while
    • In a Buy position: Red arrow appears
    • In a Sell position: Green arrow appears
  • Stop Loss:
    • For a Buy position: appearance of Red arrow
    • For a Sell position: appearance of Green arrow

Timeframe

  • Works on all timeframes
  • TF preferred for intraday trading - M1, M5
  • TF preferred for positional trading - H1, H4

Money Management

  • Martingale Strategy can be used to recover losses if any
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5 (1)
Göstergeler
MArketwave is a multicurrency, trend following indicator which combines three of the most commonly used parameters. Parameters Moving Averages Bollinger Bands Stochastic Oscillator The parameters have been customized to provide accurate signals. Signals Thick dark green up arrows - Uptrend Thin light green up arrows - Buy Thick red down arrow - Downtrend Thin red down arrow - Sell Trading tips Check the trend with thick arrows Buy or sell with thin arrows only in the direction of the main trend
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Uzmanlar
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Uzmanlar
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5 (1)
Göstergeler
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Uzmanlar
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Göstergeler
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