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Mongol Indicator2

It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws.

I used to display this against lines on a chart, but made a histogram out of it and it looks interesting.

It looks good at gauging trend strength and general turns (see image below).

The name of the indicator is BAM, which is an acronym for "Below and Above Mid".

Ways to use it:
1. To see general trend on longer TFs (more than 30 bars back).
2. To see market vs mid of HH LL range at any time.
3. It can tell you a possible trend has just started.
4. It can tell you when to possibly stay out against a trend.
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This Dashboard displays signals in grid view for the 28 major fx currency pairs. It is Mainly used for forex scalping in between 10 to 20 pips maximum and can be used on major trend market decisions. It Uses mainly Moving average and does not give false signal. All you need to note is the point in the grid where the signal occurs.  A beep sound is heard whenever there is a new signal and it will be displayedat the top of the chart.
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Corentin Petitgirard
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It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws. I used to display this against lines on a chart, but made a histogram out of it and it looks interesting. It looks good at gauging trend strength and general turns (see image below). The name of the indicator is BAM, which is an acronym for "Below and Above Mid". Ways to use it: 1. To see general trend on longer TFs (more than 60 ba
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This Indicator will notified you when time to entry into the market, build with double william percent range strategy.  --> Buy Notification will flag with the blue arrow --> Sell Notification will flag with the red arrow After Flag Appear, the market usually explode but carefully you must performs double check because weakness of this indicator when in the end of the trend
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Mongol indicator
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It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws. I used to display this against lines on a chart, but made a histogram out of it and it looks interesting. It looks good at gauging trend strength and general turns (see image below). The name of the indicator is BAM, which is an acronym for "Below and Above Mid". Ways to use it: 1. To see general trend on longer TFs (more than 60 ba
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