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Re: Identify This Indicator

Intrest 1, Sat Jan 22, 2022 1:17 am

deadlinerandom wrote:
Sat Jan 22, 2022 1:09 am
Hello, can someone help me identify this please?
Image
Some of the variations

The River Modified

Time Frame: 5 or higher.

Currency pairs: All.

Indicators:

Moving Average 21
Moving Average 62
Moving Average 85
Envelope 62 (0.05)
Damiani Volameter (3.2) [with Sed atr 30 and Threshold 1.3

Long Entry

In Trade Zone:Moving Average 21 cross up from bottom Moving Average 62, 85 and Envelope.

Short Entry

In Trade Zone: Moving Average 21 cross up from bottom Moving Average 62, 85 and Envelope.

No buy or sell when Damiani is red.

RE-Entry: When the price retrace in envelope zone.

Exit position.

Stop Loss 5 pips below or above Envelope.

Profit Target Ratio 1:3

Exit also on the pivot level
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