To calculate the coordinates in which the kink of the line will cross, the standard Forex instruments are used - Relative Strenght Index, Stochastic and Momentum. It is very easy to optimize them for the existing trading strategy: they all have very flexible and easily customizable parameters. Signals to enter the market can be 2 situations: Change of color of the indicator line from red to blue. At the same time, it is worth entering into the purchase; Change of color of the indicator line from blue to red. In this case, it is worth entering for sale. The signals are extremely clear and can be used in practice even by beginners. The indicator itself shows when to make deals: the user only has to accompany them and set the values of Take Profit and Stop Loss. As a rule, the signal to complete trading is the approach of the indicator level to the levels of the maximum or minimum of the previous time period.
hi! very good ind but can you tell why 0 value ind reach more than +100 ? is that some error in calculation ? i think your +90 is same as +100.... please check
tanuimath
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Hi porter i really like your combination the way manage to put it together this wonderful indicator but how can i get this indicator and use it to improve on my trading on trading view ? Because i can see from your explanation it sound very good to use. please advice?
dxf202169
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hello,Do you know how to make this candle and the arc top and bottom? thank you
HPotter
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@dxf202169, Hello, I do not understand what do you mean - arc top and bottom?
dxf202169
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Equivalent to the form of the letter u
dxf202169
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It's like a candle in the shape of an arc. You have a lot of scripts like that.