The indicator shows when to buy or sell any asset.
It works on all currency pairs, stock market stocks, indices and other instruments
Recommendation: The larger the timeframe, the more accurately it will indicate the signal, but in this case the signals will be rare. The ideal number of best/rare signals is from 6 to 36 per year for one instrument, for more interesting trading, take the number of instruments. Taking 20 tools that will provide high-quality signals in the amount of 10 to 60 per month.
Ideal: With correct manimendzhement and reinforcement of this technical indicator with the help of functional analysis.
Never take risks, you can leave a deal for a long time only when the situation of a constant trend in the right direction is obvious, such directions are easier to recognize on such instruments as: YM, NQ and the like.
Criteria for opening deals:
1. Buy: when the green arrow points up
1. Sell: when the red arrow points down
The indicator works on the basis of counting the number of red and green candles for a certain period, on the basis of which it builds statistics using mathematical analysis, and assumes with a fairly high probability that you need to sell or buy.
Each candle has its own probability, therefore, the probability for the current candle is calculated from closed candles, so the arrows pointing to the signal will always be displayed in the same place. if an arrow was drawn, in this case it will always be in this place and a recommendation for a deal at this point in time.
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Tip: there is a high probability of a drawdown, so be patient, have enough funds in your trading account. You can apply the practice of opening a deal not immediately after the signal, but a few candles after the signal, because in most cases there will be a drawdown, and you will open the deal taking into account the drawdown, which increases the chances of a successful transaction.
Caution: It is not necessary to open deals with a clearly prominent flat, it is much more effective if a trend in the right direction is visible.
We avoid false signals to the maximum:
1. Determine the general trend of price movement and take into account only those signals that point in the direction of the trend
2. Do not trade in flat
3. Start trading only after a prolonged flat, or when the cent tends in some direction
4. On YM, NQ indices – use the daily timeframe and only buy signals
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