Trading Tactics (Part 3)
Indicator
In my trading I use my own indicator. It gives many signals and allows you to trade even within trends.
There is a channel of 3 dotted lines that determines the current trend direction. When the price crosses the lower red line, a buy order (BUY*) is opened, and a green line opens a sell order (SELL*). The color of the middle lines depends on the current trend. At the same time, the indicator also signals intersections by adding red and green arrows to the chart. These are frequent trades within trends.
A more accurate signal about a change in trend comes when the middle thick dotted line crosses the acid-green wave line on the background of the chart. From bottom to top - an upward trend will soon begin, and vice versa.
Of the main signals, this is all you need to know for now. We won't go too deep. If you are interested in the indicator and complete instructions, write to Telegram.