It consists of 3 bands with respect to the time frames selected: Short Term, Medium Term and Long term bands.
Short Term - 5, 10, 15, 30 min
Medium Term - 60, 120, 240 min
Long Term - D, W, M
If the bar color synchronizes in their respective bands, the indicator plots a cross with the color below their bands.
If ALL the bands are synchronized, the indicator plots the signal circle below the indicator with color.
//The topmost line in the indicator shows the color of the bar in the current timeframe, helps when you switch to HeikinAshi Chart//
//The indicator plots the lines in the order of the input//
Works in all timeframes and is excellent for scalping.
Use your custom timeframes and have fun trading...
Good Luck Trend Traders....
Have fun Trading :)
this is live analysis of USDJPY
Yes but it is also important that the DMI cross occurs above the 20, also the ADX line is a bit lagging which is why I stopped using it, but anything that makes you money is a good strategy.
Have Fun trading...
I was looking at the ticker; AG (1m chart) on my laptop the indicator gave me a full green entry signal. Several candles later an exit signal was triggered where I exited my trade and the order resulted in a loss.
I wanted to review my order on my iPad and noticed that the signal on the iPad did not match that on my laptop (same timeframe and same indicator settings and at the same time) was NOT a full green entry signal. I have my iPad right next to the laptop and checked over and over again but both signals are not matching. How is that possible when Im looking at the same timeframe, trading time and same indicator settings?
Any feedback would be highly appreciated.