Magic Trend
- Indicators
- Arnold Kurapa
- Version: 1.0
Magic Trend
This MT5 indicator is a Moving Average with 3 signal colors. The 3 input parameters on this Indicator give you a chance to set any Moving Average of choice.
A combination of 2 different exponential moving averages, relative strength index, commodity channel index, and William's percent range provide the signals.
White color = Null/No/Exit Signal
Green color = Buy Signal
Red color = Sell Signal
Point To Note: Confirm the color change only after the current candle closes to avoid false signals.
Point To Note: Using lower timeframes causes a lot of price fluctuations.
Point To Note: This indicator works across all markets and on any timeframe.
Recommended Timeframes: 1 hour (for directional bias), 5 mins (scalping entry and exit confirmations)
Recommended Symbols: Nas100, US500, US30, Gold, BTCUSD, and all GBP Currency pairs.
fazendo teste e gostando muito teria como Arnold Kurapa, você colocar uma alerta assim que mudar de cor ?