Metatrader indicators on the package.
Super BB MACD SSA
BT 1 SSA lag 25, number of computations 3 ;. BT SSA lag 50, number of computations 5 ;. Pivot Points,. For entry wait the closure of the bar. BT 1 aqua dot,. BT 1 magenta dot,. Exit position with always with profit target predetermined because this system can get false signal , initial stop loss on the previous swing high low.
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Write a comment. Carlo Sunday, 30 October Tanya Wednesday, 05 December Additionally, the MACD can tell when a trend is about to fade out based on the distance from the central zero 0 level. For example, the farther the MACD is from the zero 0 level, then the trend may be overbought or oversold and might reverse.
Super BB MACD SSA Buying and selling
Best technical indicators and how to use them. On the other hand, Bollinger bands only show the strength of the trend using the three 3 lines — they come closer when markets are consolidating and drift apart as the strength of the trend increases. Uncommon technical indicators. Therefore, together, these two indicators can be a very powerful tool and make the BB MACD indicator the most important indicator in this trading system.
It displays important market levels that are useful markers for intraday trading. On the top-left corner of the forex trading platforms is a data box with information about the average daily range ADR , spreads and swaps.
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The ADR is important to know before making a trade because you can tell how much more the markets can move in either direction. On the left side of the main trading window of the are trading levels representing a pair of monthly and daily support, resistance and pivot point levels.
These are useful when you want to identify the best levels to place trades on.
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Daily support and resistance levels are relevant to intraday traders while swing traders interested in long-term trends use the monthly levels. The TTM Ssa Bars stain the candlesticks in blue or purple when the markets are in an uptrend or downtrend. It helps to quickly identify the trend direction visually without having to look at the candlestick patterns. The first, BT ssa, displays blue or pink dots when the trend direction changes. A blue dot appears at the bottom of a downtrend, just as the uptrend is about to begin, while a pink dot shows the beginning of a downtrend.
Super BB MACD SSA forex trading system
Meanwhile, BT 1 ssa is displayed by blue and red vertical lines either above or below the candlesticks when the markets are trending. Longer BT 1 ssa lines indicate a strong trend is active, while the lines will be shorter when the markets are within a range. These are used to establish how to make trades. The above are the main indicators used in this SuperBB forex trading system, but there are several more attached in the archive below.
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One of the more useful ones is the SSA of price that acts as a moving average - while prices are below this indicator; the markets are in a downtrend and vice versa. Using the indicators in the trading system. When using this trading strategy, all the indicators need to come together and show the same signal. One would have rode the trend up to point B when the signals from the indicators turned to the opposite.
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However, sometimes one signal can change even when the trend is not completely over. Download system indicators.