DTM Hypertrend
- Indicators
- Gabor Bocsak
- Version: 1.20
- Updated: 5 July 2024
- Activations: 20
AFTER PURCHASE LEAVE A MESSAGE OR REVIEW AND I WILL SEND THE BONUS EA TRADE ASSISTANT! Hypertrend is a very powerful visual indicator which will color the candles according to the strength of the trend . NON REPAINTING!
Works on all pairs and timeframes! Check the screenshots( GIF)!
The indicator is using a special RSI setup with a MACD algorythm and market structure brakes.
Settings:
- Just change the colors to your preference and choose the alerts.Set up your preferences in the trade assistant EA panel ( Fix lot or Risk of balance) set the amount and the Risk Reward ratio!
Strategy :
- Use the indicator to confirm your entries !
- Buy entry if candle turns to bullish color / place your stoploss a bit below of the previous swing low/ exit the trade on tp or if candle turnes to weeker/neutral color or back to opposite color, depending on your trading style.
- Sell entry if candle turns to bearish color / place your stoploss a bit above of the previous swing high/ exit the trade on tp or if candle turnes to weeker/ neutral color or back to opposite color, depending on your trading style.
USER MANUAL FOR THE EXPERT ADVISOR : https://www.mql5.com/en/blogs/post/756806
The indicator is part of the DTM trading system best to use it together with the Easytrade( multicurrency +multitimeframe) and Supply demand indicator. I myself use it to confirm the Easytrade indicator arrows and exit the trades.
https://www.mql5.com/en/users/gabedk/seller
DayTradeMonkey, trading made easier!
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Good seller, nice products, products that work. Thank you