Deal Trading Trends – Direction of market trends through trading strategies – January 12, 2024
Hello merchant,
In this article, I will explain how to use and set up trading trend indicators. Trading Trading trend indicators can be used to predict up or down market direction. Any confirmed signals will not be redrawn. An important advantage of this approach is that parameters can be set/adjusted. The main features of this indicator consist of market direction lines, arrows and target prices, which are clearly displayed on the screen. Includes warning features and notifications. Additionally, additional features include reversal signals. A reversal signal in the same direction is displayed with a warning against scalping strategies.
This indicator can be used for any asset and any time period.
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Setting key indicator parameters
This section describes key parameters including:
period bar : The number of history bars is used in the calculation. (Increasing the number expands your market reach.)
target factor : Distance between entry price and target or stop loss (increasing the number increases the distance with lower success rate)
volatility : Market volatility ( Increasing the number widens the range between the high and low prices of the market.)
meIf the n period is 1 minute or 5 minutes, the deviation should decrease. The minimum deviation is 0.01.
easy deal in 3 steps!
Step 1: Receive signal
- Receive buy or sell signals at entry and stop loss prices.
Step 2: Set goals and stop losses
- Enters an open position according to the signal.
- Set TP and SL according to signal
Step 3: Trading Plan
- Option 1: Touch the target at TP1.
- Option 2: Partially liquidate at TP1 and continue liquidation at TP2.
- Option 3: Touch the target at the opposite signal.
stochastic reversal conditions
Our experience is to look for reversal points in the market trend. We found that the Stochastic indicator can be used to find reversal points. This feature is included in the Deal Trading Trend Indicator. Arrows and warnings are also included. This strategy can be used to hold liquidation or scalp on opposing signals.
The stochastic settings are the same as the default settings.
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