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