Description
The up-down indicator does not require repainting and is applicable to all pairs, including those with time frames lower than weekly.
It is also possible to use 1 m charts with all pairs.
Hold the long way as a signal.
Don’t give too many signals.
When the red histogram crosses the trigger line, it is an up signal. And the price will probably go down.
When the blue histogram crosses the trigger line, it is a down signal. And the price will probably go up.
When the signal is not visible, press + on the terminal.
It is difficult to see the weekly chart due to the low data. The processing value should be reduced from 1000 to 500.
I have added the c value. The default is 2.7.
You can also set the signals to increase or decrease the c-value according to the chart.
This value will change depending on the pair that you are using.
Set the value of the daily periot (or h4 periot) to up and down.
After that, use the same c value to pair
You will sometimes see a h4 signal and sometimes 15 different periots.
When the signal is seen, any periot graph will act accordingly.
This system uses a mathematical approach to price to determine up and down points.
Do not guarantee the win.
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