This is a combination indicator using a secret blend of flour, herbs and spices.
When the signal is green this is a long signal.
When the signal is red this is a short signal.
This indicator is best used in conjunction with other indicators.
// FOREXCAKEMIX INDICATOR- THE LEMON DRIZZLE CAKE V1- - Automatic Indicator
// INGREDIENTS : THE LEMON DRIZZLE CAKE V1-
// This indicator could be used in conjunction with other indicators and can also be utilised for back testing purposes.
// Peace & Love,
After testing your individual indicators, it's time to build up your algo with additional indicators and further backtest the strategy.
Using SSL twice here, faster SSL for 1st confirmation, slower SSL for 2nd confirmation and TDFI for volume validation.
After putting the whole system together, sat down to benchmark the various confirmation indicators, shrink it down to backtest individual confirmation indicators.
Results for 24 periods way better than 10, then again it's only one pair. :)
SSL channel flips from green to red signifying a potential turn. The SSL in conjunction with a second indicator can prevent loses an become more successful in your trading.
4EMA lines added as a bonus addition.
you can flip from one to another, tweak, tune, turn off, adjust time and colours.
Enjoy and trade safe.