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This is a powerful yet very simple coloured candles indicator. It works based on simple moving average crosses or price above/below moving average. Simply BUY when the candles are GREEN, and SELL when the candles are RED. Close order when the candles change colour, or place a trailing stop.
Trading with Elliott
There is much more to wave analysis than what has been presented here. Anything that is worth
learning takes time. The wave principle is no different. Successful application requires a good deal of
practice. This introduction should help you get started.
How to trade Elliot Wave for Beginners:
One reason Elliot Wave is so popular is because it combines technical and fundamental news. The theory is based on the cyclical pattern of market events.
Color Stochastic indicator shows overbought and oversold levels.
Stochastic readings above 80 suggest market being overbought, Stoch line turns green;
while readings below 20 - market being oversold, Stoch line turns red.
Ability to see these areas at a glance helps to judge about trends and...
Supply and Demand Indicators:
1. MTF Automated SD Zones indicator is multitimeframe indicator. From the current chart you can see the zones of the two upper timeframes.For example if your current chart is 1hr you can see the Supply/Demand zones of 4hr and daily timeframes.
2. The algorithm is...
The buy-sell alert trading system is a method that works on a 4-hour timeframe and is suitable to any major currency pairs. This system is simple yet effective and is based on buy-sell alert indicators with other confirming indicators.
MT4 Indicators:
T3
Snake
Buy-Sell alert (set risk 8)...
ZigZag Pointerv2 is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
ZigZag Pointer provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this...