What does it do? This indicator suggests buy and sell signals with a third indicator as a confirmation indicator.
What is it composed of? This indicator has three buy or sell signals:
SAR (Stop And Reverse): dotted line above and below the candles;
VR (Volatility Range): green and red line above and below the candles;
SR (Spread Range) ): blue and pink line above and below the candles.
How does it work? The SAR indicator is a tracker and confirms the movement of VR and SR. The VR indicator is a more conservative Buy/Sell flag, tolerating more price fluctuation. The SR indicator is a less conservative Buy/Sell flag, not tolerating much price fluctuation. The balanced use of these 3 indicators helps the trader to be more coherent in making a decision to open or close a trade.
Some of the characteristics of this indicator are:
it is possible to change the colors of the signaling lines and box;
it is possible to adjust the greater or lesser tolerance of the 3 indicators according to the volatility of the asset;
it is possible to activate/deactivate the indicators and their attributes;
the respective gray boxes refer to countertrend Buy/Sell signals (open/close position against MA20).
How to get access to it? If you wish to lease this indicator, please contact me by DM, do not use the comment area.
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Some new updates: 1. now you can add to MA lines: 8 and 20 period 2. the MA line can be set to SMA or EMA 3. minor menu adjustment
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P.S.: sorry for the english: 1. now you can add TWO MA lines: 8 and 20 period
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Minor Changes: - now you can choose to activate/deactivate one or more Moving Average lines