Hiking indicator

2 ส.ค.

This indicator is designed with a hiking theme, allowing traders to view the market as if they were hiking up and down a mountain.
It focuses purely on trend analysis, avoiding reliance on candlestick patterns.

Entry Points: Marked with 🏃‍♂️‍➡️ and should only be traded on the 1-hour timeframe. 🏃‍♂️‍➡️🏃‍♂️‍➡️🏃‍♂️‍➡️

Trading Approach: First, identify the overall trend on higher timeframes, then execute trades on the 1-hour chart.

Once the indicator is added, make sure to move it to the top of your indicator list for proper display.

Color Coding:

Red: Downtrend

Green: Uptrend

Gray: Sideways/Range

When the higher timeframe shows a downtrend, take short positions at 🏃‍♂️‍➡️ signals.
When it shows an uptrend, take long positions at 🏃‍♂️‍➡️ signals.

Additionally, boxes are drawn at key points, and once a breakout occurs, a 🏃‍♂️‍➡️ hiker icon appears to signal the breakout.

2 ส.ค.

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