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Itakepips
21. Aug. 2020 20:36

The 11 moving averages with bar color 

Euro Fx/Australian DollarFXCM

Beschreibung

It is made by 11 moving averages and an indicator that color the candles when there is a strong trend.

The moving averages change color becoming green or red if there is a bullish trend in green or a bearish trend in red.

There are few ways to use this indicator.These two is what I found easier, please back test it and share your thoughts.

1. When the cloud is red and the candle is outside the cloud and the candle become red it s a sell entry.
When the cloud is green and the candle is outside the cloud and become green it s a buy entry.

2.The moving averages can be used as dynamic support and resistance.In a red cloud if a candle stop exactly where there is a moving averages and the next candle is a bearish engulfing candle it s a sell entry.
In a green cloud if a candle stop exactly where there is a moving averages and the next candle is a bullish engulfing candle it s a buy entry.

The exit is when the bar is not colored anymore or if the bar close below/above the second moving average from the top/from the bottom

Please look as well the blue moving averages that could work as dynamic support/resistance


VERY IMPORTANT WHEN YOU TRY A NEW STRATEGY TEST IT IN A DEMO ACCOUNT FOR AT LEAST 3 MONTHS

Every donations will be devolved to cancer research and you ll have one month free trial.

If you want to purchase this indicator 30% will be devolved to cancer research.

Please leave a comment or message me if you want you have two weeks trial.


Enjoy!
Kommentare
Florian_vip
hello , can i have access? tnanks
FreeMarcopolo
hello
I would like to try this good looking indicator...
Itakepips
@FreeMarcopolo, Hi!Of course you can have access check your message!
Terrrorblade69
Hi can I have access please? tnx
Itakepips
@Terrrorblade69, did you get my message I didnt get any reply
oualidelaaboudi
Can i access it now .
Itakepips
@oualidelaaboudi, yes of course, check your messages
Joshi29
Can i access it now .
Itakepips
@Joshi29, yes of course check your message
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