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Business / Finance

Indicator PlusMinus(beta)

MQL5: Blogs Traders 20.08.2017 at 21:56

Blogs traders and analyst of financial markets

Kadalas to make lazy, to market the indicator is not ready yet (not draw beautiful arrows) and done so to speak by intuition, and for manual trading. So if someone like can use it.

in short - less noisy "relative" ADX, lays out the current volatility into two components PLUS (they are the same bulls that they purchase) and MINUS( bear/sell). And for reference displays their average value.

the General rule: trade along that line which is most rapidly growing. If faster growing blue - buy, red if more nimble to sell. And generally follow, one of them is moving average.

a Little more details: the good signal to buy the spread up the blue line in the bottom of the graph (open position). Confirmation of a signal - crossing a blue line, red from the bottom up (to get up to breakeven). The end of the momentum - reversal blue line at the top (begin trawl). The position can be kept all the time until the blue above the red.

Here somehow so :-)