Introduction Heyo guys, I recently checked out some eye-catching trading strategy videos on YT and found one to test. This indicator is based on the video.
Usage The recommended timeframe is 5 min.
Signals Long Entry => L Label Price crosses above ZLSMA and Chandelier Exit shows Buy
Long Exit => green circle Price crosses below ZLSMA
Short Entry => S Label Price crosses below ZLSMA and Chandelier Exit shows Sell
Short Exit => orange circle Prices crosses above ZLSMA