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Pivot HL+50 EMA Hariss 369

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A simple indicator detects pivot highs and lows. Buy signal is fired when pivot high crosses and closes over previous pivot high and price is above 50 EMA in order to trade with trend.

Sell signal is fired when pivot low crosses and closes below the previous pivot low and price is below 50 EMA.

It is very simple to use this and one can visualize the trend with this indicator. It can be used for any type of asset and in any time frame.

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