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Originally Posted by waddah attar
I am very glade to join you
I am sorry for my bad english
for this indicator this is my explain
this indi shows four Lines
- horizental dot line ( Dead Zone ) .. it work a filter for weak signals and no alert when the red or green histogram under it .
- red histogram shows the current down trend .
- green histogram shows the current up trend .
- yellow line shows the explosion in price up or down .
signal for buy :
- when green histo goes up and yellow line goes up and green histo is higher than yellow line and all is higher dot line .
signal for exit buy :
- you can exit buy when green histo down lower yellow line .
signal for sell :
- when red histo goes up and yellow line goes up and red histo is higher than yellow line and all is higher dot line .
signal for exit sell :
- you can exit sell when red histo down lower yellow line .
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Mr. Waddah Attar,
Thanks for your indicator and explaination.
Would you please give your suggestion on what Time Frame this indicator works best and under what condition we should not use it.
Thanks in advance.
Nomura