Equalizer MT5
- Indicadores
- Tiofelo Da Olga Gilbert Teles
- Versão: 1.2
- Atualizado: 19 abril 2024
Equalizer MT5 is a trend indicator that can be used as:
- trend filter
- tigger entry
- trailing stop
Trend filter: with blue histogram we have bull market; with red histogram we have bear market and; with gray histogram we have consolidated market.
The tigger: with the increase in the size of the histogram bars we can have possible entry points into a trend.
The trailing stop: in a trend, when the size of the histogram bars increases we can move the stop loss to the price bar corresponding to the histogram bar that has increased.
Note that, some assets require high period values and others do not. Therefore, adjust the timeframe by the inputs until it suits your trading style.