This is a scalper analysis movement designed around MACD and 200 EMA The rules are simple: For long we check if the close of the candle is above the ema200 and we have a crossover between macd and signal Once this happens we analyse the next candle, if its close higher than open , we can consider it a win and if its close lower than open we consider a lose. For...
Sideways detection indicator using Bollinger bands . In this case we take the original ratio between lower and upper and we smooth it even harder in order to get a better idea about the accuracy of the trend. If the initial ratio is not between 0 and 1 and the smooth ratio is higher than our selected value, we get an idea if we are a in trending market or...
This indicator is not holy grail , but it is an amazing trend finder and works nicely between 3m and 1W timeframes on FOREX :))) With this indicator you can enjoy its trading signal and set the alarms you need! In fact, if you want to set alerts on both buy, sell, take profit and stop-loss signals you must use this not-strategy indicator version! This...