Description: The HalfTrend v1.02 is also called BuySellArrowScalper. HalfTrend v1.02 indicator is based on of popular indicator Ozymandias, which reliably monitor the trend in the market and filters sharp fluctuations and market noise. HalfTrend v1.02 not repainted after closing the signal candle and not delayed and is a good complete trading instrument.
Characteristics of HalfTrend v1.02 Indicator
Currency pairs: All pairs, recommended majors
Trading Time: Any
HalfTrend v1.02 shows the signals at the entry into the market in the form of arrows red and blue.
Settings of HalfTrend v1.02 Indicator:
Show Bars - True/False
Show Arrows - True/False
Set an alert sound signal - True/False
Rules for opening a long position:
Open the long position, when there was a blue arrow pointing up.
Stop Loss set a few pips below the local minimum.
Exit with the appearance of the red arrow and the red line:
Rules for opening a short position:
Open the short position, when there was a red down arrow.
Stop Loss set a few pips above the local maximum.
Exit with the appearance of the blue arrow and the blue line:
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The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore, it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, expert advisors (EAs), scripts and/or indicators will result in profits or not result in losses.