Cool Wave AM
- Göstergeler
- Andriy Matviyevs'kyy
- Sürüm: 26.0
- Etkinleştirmeler: 5
The presented indicator is a trend indicator that displays with a colored line the current direction of price movement and the support/resistance zone in the form of a cloud.
The indicator also marks points of change in price direction with arrows that appear after the bar is fully formed.
The arrows are not redrawn.
The rules for using the indicator are simple:
- We open a position when the price overcomes the high/low of the bar marked with an arrow in the direction opposite to the cloud.
- Arrows in the direction of the cloud are signals for closing a position when the price overcomes the high/low of the bar marked by such an arrow.
- If the line marking the direction of the price is inside the cloud and the cloud itself is narrowing, there is a sideways price movement in the market and you should refrain from opening positions.