Re: Identify This Indicator

1333
[quote
there will always be false signals against the trend on any indicators.
didn't you know about it?
[/quote]
))) I'm showing you what he draws ... what has the false signals to do with it. Just their absence immediately gave out your grail. there would be false signals if he left these arrows on history .... but he removes them. I thought you were smarter.


Re: Identify This Indicator

1338
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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