TTrail| Trade Trail‴

What does it do?
This indicator suggests buy and sell signals with a third indicator as a confirmation indicator.

What is it composed of?
This indicator has three buy or sell signals:

• SAR (Stop And Reverse): dotted line above and below the candles;
  
• VR (Volatility Range): green and red line above and below the candles;
  
• SR (Spread Range) ): blue and pink line above and below the candles.
  

How does it work?
The SAR indicator is a tracker and confirms the movement of VR and SR. The VR indicator is a more conservative Buy/Sell flag, tolerating more price fluctuation. The SR indicator is a less conservative Buy/Sell flag, not tolerating much price fluctuation. The balanced use of these 3 indicators helps the trader to be more coherent in making a decision to open or close a trade.

Some of the characteristics of this indicator are:

• it is possible to change the colors of the signaling lines and box;
  
• it is possible to adjust the greater or lesser tolerance of the 3 indicators according to the volatility of the asset;
  
• it is possible to activate/deactivate the indicators and their attributes;
  
• the respective gray boxes refer to countertrend Buy/Sell signals (open/close position against MA20).
  

How to get access to it?
If you wish to lease this indicator, please contact me by DM, do not use the comment area.

版本注释:

Some new updates:
1. now you can add to MA lines: 8 and 20 period
2. the MA line can be set to SMA or EMA
3. minor menu adjustment

版本注释:

P.S.: sorry for the english: 1. now you can add TWO MA lines: 8 and 20 period

版本注释:

Minor Changes:
- now you can choose to activate/deactivate one or more Moving Average lines