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Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)
Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.
Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
Learn Five Powerful MACD Trading Strategies
Add some tools to analyze the market context a little more:
- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)
Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.
Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
Fomogo
Hi, offset set to "-2" on plotshape function, seems to indicate this divergence indicator is repainting (thus divergences don't appear when candle closes but it appears after another two candles closes). Am I correct?
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mionyx60
What is the name of the indicator please?
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Dreadblitz
mionyx60
@mionyx60, MACD_X
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keitandama
Atlas Zone is good idea !
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Dreadblitz
keitandama
@keitandama, Thank you
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dilace
Ultranice!
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Dreadblitz
dilace
@dilace, Thank you
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