nethmalrajitha
New Member
Perfect Scalping Sysytem for MT5.
- Heiken Ashi: It is a very much popular trend following indicator. It turns yellow or pink to show the current trend condition of the market. It can be used more effectively if assisted by other trend based indicators.
- THV3 Coral: This indicator states the current trend level with its Moving Average line. It is green when the trend is bullish and turns red to signal the bearish trend. It also turns yellow to express the choppy condition of the market.
- Ichimoku Cloud: A well known version of trend identifying tools. Price closes above the cloud signals the bullish strength. On the other hand, price closes below the cloud represents the bearish thrust of the trend.
- ATR, ADX and TRIX Signal: The Average True Range (ATR), Average Directional Index (ADX) and the TRIX Signals the trend levels in a text format so that anybody can read the actual status of the current momentum directions.
- TGS Spectrum Cycle: It is a momentum oscillator. It is above the zero level indicates the bullish momentum. A negative value represents the bearish momentum respectively.
- THVMTrix: This tool is used to measure the validity of the trend. It turns yellow to validate the current trend (for both bullish and bearish) and turns red to signal the market is in no trend.