Half Trend
- Amplitude: 10
- Channel Deviation: 2
- Only show half trend line
Attached File(s)Half Trend Indicator.mq4 6 KB | 716 downloadsAttached File(s)Half Trend Indicator.mq4 6 KB | 465 downloads
RSI
- Length: 5
- OB: 80
- OS: 20
Timeframe
- Any
Long
- Half Trend is blue
- Price is under Half Trend
- RSI crosses up through 20 level
Short
- Half Trend is red
- Price is above Half Trend
- RSI crosses down through 80 level
Exit
- Price touches Half Trend Line
- 1:1 with SL
Stop Loss
- High or Low of the candle that crossed the OS/OB level with pip cushion
- Half Trend changes color
R:R is very nice. SL is always smaller than TP
I will be posting the last 20 setups of every major pair
Can't go broke making profit