Multi Trend Signal Indicator
As you can see on the image, this indicator calculates trends on all time frames using 9 indicators: ADX, RSI, MOM, CCI, OsMA, MACD, SAR, WPR, MA. There is a general trend (M15, M30, H1, H4 and D1 time frame), which is calculated by a combination of the previous 9 indicators.
Conservative trading (very high win probability but less frequent trading signals):
ENTRY POINT: When all 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.
EXIT POINT: When all 9 indicators point in the opposite direction for the same timeframe, exit the trade.
Dynamic trading (more balanced win probability but more frequent trading signals ) :
ENTRY POINT: When 7 out of the 9 indicators point in the same direction for the given timeframe place the respective BUY / SELL trade.
EXIT POINT: When all 7 out of the 9 indicators point in the opposite direction for the same timeframe, exit the trade.
TIMEFRAME: This can be used on any timeframe.
STOP LOSS : We recommend 85% of the timeframe’s Average True Range (ATR) HOT TIP: Keep an eye on the cumulative indicator – it highlights where the trend is going.
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6 Comments
if this is a free indicator site why can you not download these indicators .....unless im doing something wrong ....let us know
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