mura

This indicator is based on moving averages over a certain period using Fibonacci numbers. Pivot points are provided for active trading, which help to trade from the levels.

The indicator takes into account the trend direction, identifies key levels and possible targets.

You can also easily set up notifications for trend changes and receive them in the tradingview app or as an audio signal on your computer. This will help you not to miss anything in the market.

The moving averages with a uniquely recognized trend. 6 moving averages create 3 important trends. The first trend is local from your time frame, the second is global from your time frame and the third trend is predicated for tracking the global trend on an older time frame.

I have identified ways to trade my indicator:
- On a 4-hour time frame you can open trades in one direction with a change in the global trend. That is, if the red trend changes to green, it is time to open longs and vice versa.
- The global trend works best when paired with the local trend. That is, if the global trend is green, we wait until the local trend becomes green and then open longs, as well as in the opposite direction.
- Opening positions when the local trend changes towards the global trend also works well on a 12 hour time frame.

This indicator can be used on any timeframes from 1 minute to 1 year. You can also select levels for trading:
- intraday
- intra-week
- within a month

Note:
- Before you start trading, I strongly recommend you to do your own analysis on your own time frame or pairs
- Recommended for use with additional technical analysis tools