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Simple Long Short Bar

Simple Long Short Bar

A very concise and clear indicator, very easy to understand, but it is very useful for tracking trends.

The usage of this indicator is very simple:

Long signal: If the price shows signs of a long market, then a yellow box will appear.

Short signal: If the price shows signs of a short market, then a blue box will appear.

Bull strength: If the size of the box is large, it means the bull strength is strong, and vice versa.

Short strength: If the size of the box is small, it means that the short strength is very strong, and vice versa.

Longs turn shorts: When the yellow box keeps getting shorter, it means that longs may turn into shorts.

Short to long: When the blue box keeps getting shorter, it means that shorts may turn into longs.

note:

Advantages of this indicator: simple to use, easy to use, and will perform very well under trending market conditions.

Disadvantages of this indicator: If it is in an extremely volatile range, then the referenceability will also become less, because this indicator is a typical trend indicator.


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Diego Arribas Lopez
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Indicators
[ MT5 Version ]  [ Kill Zones ]  [ SMT Divergences ] How to trade using Order Blocks:  Click here User Interface Performance:  During testing in the strategy tester, the UI may experience lag. Rest assured, this issue is specific to the testing environment and does not affect the indicator's performance in live trading. Elevate your trading strategy with the  Order Blocks ICT Multi TF  indicator, a cutting-edge tool designed to enhance your trading decisions through advanced order block analys
Volumatic VIDyA MT4
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5 (3)
Indicators
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Gold Trend - this is a good stock technical indicator. The indicator algorithm analyzes the price movement of an asset and reflects volatility and potential entry zones. The best indicator signals: For SELL = red histogram + red SHORT pointer + yellow signal arrow in the same direction. For BUY = blue histogram + blue LONG pointer + aqua signal arrow in the same direction. Benefits of the indicator: The indicator produces signals with high accuracy. A confirmed arrow signal can only be redrawn
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Indicators
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Roberto Bonati
Indicators
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5 (5)
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