Trendbooster Demo is an advanced trend indicator with a built-in filter. The indicator does not redraw. Use it on a timeframe of 15 or higher.
The Trend Boost indicator should be displayed in blue.
Use the MACD indicator to confirm compliance with acceptable risks:
- with a high risk, enter after the MACD histogram crosses the signal curve from above,
- for a less risky strategy, enter only when the MACD histogram crosses the zero line from above.
Use the last Swing Low value as the area to place the stop loss level, and also use a risk-reward ratio of 1:1, again depending on the acceptable risks, if the last Swing Low value is too far from the entry, a smaller value can be used for the stop loss.
The Trend Boost indicator should be displayed in red. The rest of the rules are the opposite of purchase transactions.