This indicator is a combinaison of many classical market indicator used by the traders to follow the trend. NEVER to be against the trend. You MUST follow it, to take profit.
This is ONLY for the bearish market trading because I assume that the beginner trader cannot be bullish or bearish at the same time.
You have to choose a side, BUY or SELL. It exists an indicator ONLY for the BUY signal.
You have 3 types of SELL Signal :
- The first one will be in Gold color. This signal will appear only if all the indicator calculated are online and the market considerate as bearish by the indicator. The probability is high than 90%.
- The second one will be dark red color. This signal will appear only if the market can be considerate as bearish. The probability of success of this signal is 80%.
- The second one will be light red color. This signal will appear only if the market is bearish. The probability of success of this signal is less than the first one but near than 75%. In this case, you have to consider and take in account the Pivot Point; Support, Level etc… before to open a trade.
To close a position, we have to wait the Target Signal 🎯. This one will appear between 5 and 15 points, depending of the market volatility.
The objective of this indicator is to trade many small and quick trade (Scalping) between 5 and 15 points. Of course; there is no obligation to close your position, you can put BE once time the target signal 🎯 will appear.
This indicator has been developed for DowJones 30 Future in 100 ticks period. You can use it for different product, but it is more efficient on DJ30 100 ticks.
By the day, and depending of the market, this indicator can detect between 5 and 10 trades dark red and so more in light red.
When this indicator is patched, your version will be patched too.
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