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In this indicator, a possible tp location is specified.
- First Tp : Based on the highest price value or the lowest price value in 78 specified periods.
- Second Tp : Based on the amount of movement from the highest price or the lowest recent price to the candle by which we had a switch.
- Third Tp : Based on Como’s volume.
You can customize the target and use your methods to exit.
The stop location should be placed behind the green or red arrow.
Entry is exact after viewing the signal column in the indicator window.
Note :
The main point of using this indicator is to identify the trend in a higher time frame. You can use the signals that higher time confirm, and are in the same direction.