Moving Avej intersection
Trend Arrow Signal gives buy/sell signals and alerts with up and down arrows for a potential reversal of a pullback or a trend continuation pattern.
As the name indicated, this is an indicator that gives signals based on trend => It works best in a trending market with the principle to ride on the trend not trade against the trend. The main trend is determined by and can be changed manually to suit your preference.
Trend arrow signals can work in all time frames. It gives a signal at the close of the candle and does not repaint.
Recommendation: M5, M15 for scalpers riding on the trend and M30, H1, and H4 for trend traders
How to use it :
- Turn on the alert function (Email/Push notification/Pop-up alerts).
- When receiving a signal, screen the price action and look for support/resistance or supply/demand zone, or moving average (as dynamic support resistance) to determine whether it is a good setup or not. After that, place a trade.