In the third screenshot (daytime mode) I’ve highlighted 7 elements that we’re going to explain step by step.
1 ✅ Three buttons.
a) Night mode
b) Daytime mode
c) Correct Scale / Adjusted Scale
2 ✅ Four buttons.
a) Draw a buy arrow, a buy line and a corresponding stop loss based on ATR.
b) Close the previously drawn purchase and check the box.
c) Draw a sell arrow, a sell line and a corresponding stop loss based on ATR.
d) Close the previously drawn sale and check the box.
3 ✅ Three buttons
a) Just shows the spread.
b) Updates the previously drawn Stop Loss and moves them with the corresponding current value. They are selected by default. To delete them, just click delete.
c) Draw several trend lines. They are selected by default. To delete them, just click delete.
4 ✅ 5 dynamic elements that change depending on the direction and strength of the market.
5 ✅ A necessary condition for opening a SELL.
6 ✅ A necessary condition for opening a PURCHASE.
7 ✅ The same as 5.
As you can see, two bars are enough to open the next trade.
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You can close the trade when the ATR trailing stop puts you out of action or wait for the next opposite signal.
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