The 5 Trend Lines Rule
- Индикаторы
- Carl Gustav Johan Ekstrom
- Версия: 1.10
- Обновлено: 23 мая 2023
- Активации: 20
After analyzing a numerous significant bear and bull markets, a peculiar principle has surfaced, dubbed the 5 Trend Lines Rule. It suggests that within a major bear or bull market, there are typically five false breakouts before the sixth breakout proves significant.
Parameters
- Trend Line #1 Color: Magenta
- Trend Line #2 Color: Magenta
- Trend Line #3 Color: Magenta
- Trend Line #4 Color: Magenta
- Trend Line #5 Color: Magenta
- #1 Color: Yellow
- #2 Color: Yellow
- #3 Color: Yellow
- #4 Color: Yellow
- #5 Color: Yellow
- Up Symbol Code: 233
- Down Symbol Code: 234
- Push Notification: True/False
- Email Message: True/False
- Pop-Up Alert: True/False
this indicator is great , its the missing part that you need of your strategy, make it as a confirmed signal of your entry if you want to make order. you dont just depened on its signal to avoid wrong entry make as a support entry of your strategy. great work