Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a...
Arbitrage Band Indicators - Included In The Indicator
Recent Higher High - Yellow Circle
Longer Term Higher High - Black Circle (Above Candle) (with Alerts)
Longer Term Lower Low - Black Circle (Below Candle) (with Alerts)
Buy Trend Exhausted - Red Circles ( Above Candles)
Sell Trend Exhausted - Green Circles ( Below Candles)
Tick colors have been added...
Volume is a key component to moniter for trading; this indicator has volume and many other key indicators built in
The Aqua and Fuchsia bg colors are multi fisher confluence signals. Aqua ==> long bias; Fuchsia ==> short bias
The blue and red bg colors are when certain 'bar shapes' of volume print with confidence scores (usually good bars to add on a trend)