Oops, should say custom indicator (not customer).
Just to explain the indicator, the bars represent the change in value from one bar the next of the SMA20. Simply put, if the bars are getting bigger it means the SMA20 is getting steeper (blue for long, red for short), which means the trend is getting stronger. I'm using the 2 timeframes to visualise when there is a trend on the higher timeframe, but there is a dip on the lower timeframe. Not too dissimilar to what Rick does with the H4 & M5, but just visualised in a different way (to make it easier for me to see when there is a dip in a trend worth entering).
Cheers, Sharks
- Forums
- Forex
- Forex Trading 2018- TA/FA- Setups and discussion
Oops, should say custom indicator (not customer). Just to...
-
- There are more pages in this discussion • 1,611 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)