Dual MA Stick
Dual MA Stick - based on the Heiken Ashi indicator. Indicator original method calculates two values. The trend is defined as follows:
- If the candle is green, presumably bullish trend.
- If the candle is red, presumably bearish trend.
- Saturated color indicates a strong trend.
Recommendations for use
Double load Dual MA Stick:
- Set to 75, or a long period of MAPeriod parameter. In addition, set Exponential value (exponential MA) in MAMethod and parameter to true in DisableShadow parameter.
- Set to 5 or a short period of MAPeriod parameter. In addition, set the value of Simple (Simple MA) parameter MAMethod and false DisableShadow parameter.
- Make purchases if the length of the candle is green, and the short candle changes color from red to green.
- Make sales, if the length of the candle is red and short candle changes color from green to red.
- You then need to confirm the signal with the oscillator.
See also LED Ohnishi Oscillator: Https://www.mql5.com/ru/market/product/6782. Ohnishi Oscillator indicator assists the Dual MA Stick and vice versa.
Thank you for your attention and success in trade!
Dual Stoch Arrows The indicator displays the graph data on the state of the stochastic -oscillator two senior timeframes in the form of icons: green...
Ohnishi Oscillator Ohnishi Oscillator - indicator such as MACD. indicator values are calculated based on the original algorithm. Relative to the...
Trend and correction indicator This indicator is a strong trend of the currency pair at a specified number of bars, and is a correction to this trend ....