Emerged
- Indicators
- Ivan Simonika
- Version: 1.1
- Activations: 5
Emerged is a convenient indicator for technical analysis and is suitable for trading binary options. The indicator uses color signaling: blue - when changing from descending to ascending, and red - on the contrary, to descending. You can use the indicator when entering the market. All entry points are optimal points at which movement changes. Entry points should be used as potential market reversal points. The default indicator settings are quite effective most of the time.
Emerged hybrid trend indicator, as it is based on signals from several internal algorithms. The indicator determines the range of minimum and maximum price fluctuations, as well as closing prices.
As a result, the indicator knows the market volatility. The indicator also uses the oscillator algorithm in calculations. The indicator also calculates oversold and overbought levels of a trading instrument. Thus, having all the necessary information, the indicator generates signals when a trend changes.