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3 lis 2018

The indicator is simple to use and implements a powerful strategy that will be used for future iterations of V.I.T.R.I.O.L.

This indicator works best on 1hr to 4hr time frames

This Indicator was designed for FOREX but can be applied to other markets as well.

1) Set your chart to use Heikin Ashi candles
2) When a "Open Long" or "Open Short" signal is generated wait for it to lock in at the close of the candlestick.
3) If the THICK MA matches the same color as the signal generated AFTER the candlestick closes then there is a higher chance of accuracy.
4) The Ribbon Helps determine reversals in the market as well as the overall trend. You can use this indicator in "buy the dip" and "sell the peak" trends.

3 lis 2018

Informacje o Wersji

Moving average ribbon with trade signals.

The indicator is simple to use and implements a powerful strategy that will be used for future iterations of V.I.T.R.I.O.L.

This indicator works best on 1hr to 4hr time frames

This Indicator was designed for FOREX but can be applied to other markets as well.

1) Set your chart to use Heikin Ashi candles
2) When a "Open Long" or "Open Short" signal is generated wait for it to lock in at the close of the candlestick .
3) If the THICK MA matches the same color as the signal generated AFTER the candlestick closes then there is a higher chance of accuracy.
4) The Ribbon Helps determine reversals in the market as well as the overall trend. You can use this indicator in "buy the dip" and "sell the peak" trends.

In the inputs tab you can toggle between a EMA ribbon and a RMA ribbon.

RMA is a moving average used in RSI . It is the exponentially weighted moving average with alpha = 1 / length.