I've been using this indicator for several months now and allowed me to make some good profits as a result of this. I use this indicator in conjuntion with a number of others to allow me to make an informed decision on which trades to take and which are false signals.
The main indicator uses a number of methods including trend, momentum, and to identify entry points into the market and exit points. The exit points are an estimate and your own target profit levels should also be used.
The following keys are used on the chart:
- Green Up Arrow: Long Entry
- Green Cross: Long Exit
- Red Down Arrow: Short Entry
- Red Cross: Short Exit
The main indicator is set up with custom alerts for when a long or short entry and exit signal is triggered.
I've been using this successfully on the one hour FX charts, but seems to work equally as well on higher or lower time frames (not less than 15min).
The main indicator has a number of tools in the settings that can be used to assist with trading. This includes
- Bollinger Bands
- Current Moving Averages
- Multi-Timeframe Moving Averages
- Chandelier Exits.
The chart is shown with the overlay.
The other indicators which are part of the suite are shown on the website which is highlighted in my signature at the bottom of the page. Purchase of the main indicator gives access to the full suite of eight indicators. I use the other indicators to confirm the direction of the trade and to determine if I want to trade or not. I use it along with the 2min, 15min and 4hr timeframes to identify the best entry window and how long I'm likely to be in the trade.
Support can be provided via private message or in the comments below.
The links are provided below for access to the indicator.
The indicator now contains all of the Trend Indicator analysis functions to reduce the number of indicators on one screen for new TradingView users. The analysis functions now include Support and Resistance (RSI), Trend Line Indication (RSI), Parabolic SAR and Ehlers Instantaneous Trend Line.
Please provide your TradingView username when signing up.
Content on how to use the indicators can also be found on there.