Merlin

The algorithm of the indicator is based on the fact that the price is attracted to a slow moving average

The same applies to the fast moving average, which moves around the slow moving average

These moving averages have a special smoothing algorithm.

• When the fast Moving average goes up and the slow Moving average is below, we have a potential signal to open a position – Buy entry
• When the fast Moving average goes down and the slow Moving average is above, we have a potential signal to open a position – Sell entry

Red diamonds mark potential stop losses

Works on all instruments and charts.

You can work with many tools at the same time.

The indicator does not overwrite its signals

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