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PAX indicator
I use the attached price action indicator on Daily GBPUSD chart.
When the blue line crosses the red line up - buy, down - sell.
As long as the red line is above 50 the trend is up when under 50 the trend is down.
If the levels don't appear straight away go into Levels and add 20, 50 or 80, the rest will then appear.
Hope this helps to give an early warning of a trade opportunity.
Geoff
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