OutLine Indicator

Alligator robot with red line crossing between blue and green; It counts with stop loss and take profit (can vary some points so I recommend to test first with Strategy tester), decided to retire trailing stop since some errors could occur.  Counting via number of candles available again, it counts according to the hour, example: openned with minute 1 and is selected as 6, will close at 7's openning. But depending of the market can shift to -1, so test before real account. Also have maximum of t

This type of moving average is done within calculus about period and volume, being considered the previous and the 5th candle before about volume for this calculus. I won't say it has a single interpretation, since it does not have, you should pay attention to the market movements and decide for entries based on analysis. Remember, investing in stocks, forex, indexes is risky.