TrendScalperV1
Understand the Signals of TrendScalperV1 Indicator
Dots: Buy Signal – Indicates upward momentum. Look for entries above this point.
Dots: Sell Signal – Indicates downward momentum. Look for entries below this point.
Arrow (Up): Buy Entry Point – Confirms a buy setup based on momentum and volatility.
Arrow (Down): Sell Entry Point – Confirms a sell setup based on momentum and volatility.
Dynamic Stop-Loss Management:
Dashed Lines: Show ATR-based stop-loss levels for buy (aqua) and sell (red) trades. These adapt to market volatility to minimize risk.
Follow the Visual Cues:
Buy Signal Example: When a cyan dot appears, wait for the lime arrow to confirm entry.
Sell Signal Example: When a magenta dot appears, wait for the red arrow to confirm entry.
Send download link to:TrendScalperV1
Maximize Your Trades
- Use customizable ATR percentages to define your entry buffer and stop-loss zones.
- Watch for MACD and Stochastic alignment to confirm trade strength.
- Pair this indicator with your strategy for more accurate execution.
