Multi Trend Signal Indicator

Multi Trend Signal Indicator

 

 

As you can see on the image, this indicator calculates trends on all time frames using 9 indicators: ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR, MA. There is a general trend (M15, M30, H1, H4 and D1 time frame), which is calculated by a combination of the previous 9 indicators.

Conservative trading (very high win probability but less frequent trading signals):

ENTRY POINT: When all 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.

EXIT POINT: When all 9 indicators point in the opposite direction for the same timeframe, exit the trade.
Dynamic trading (more balanced win probability but more frequent trading signals ) :

ENTRY POINT: When 7 out of the 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.

EXIT POINT: When all 7 out of the 9 indicators point in the opposite direction for the same timeframe, exit the trade.

TIMEFRAME: This can be used on any timeframe.

STOP LOSS : We recommend 85% of the timeframe’s Average True Range (ATR) HOT TIP: Keep an eye on the cumulative indicator – it highlights where the trend is going.

 

Free Download

 

 

 

2.42 avg. rating (49% score) - 19 votes

Comments

comments

 

 

Scroll To Top