TrendQuietly

TrendQuietly

TrendQuietly indicator displays a colored line surrounding the price range. The color line represents the average value of the rates of the currency pair, and displays the state rates strip perekuplennosti / resale. If the average price of the blue, you should look for entry points for opening long positions when the market is overbought, and if the average price is red, you should look for an entry point to open short positions when the market is oversold.

A change in trend in the display is not a signal for immediate entry into the market! Band used to select the time to enter.

There are many strategies that can be developed using TrendQuietly indicator. The simplest of them – turning system – used only when the closing price breaks the average price or the strip, thus avoiding entering the market at the time of the sudden occurrence of a non-market quotations or correction at sharp movements in the market price.

The rules can be summarized as follows. You should buy in an uptrend when the price reaches the average value or oversold, and sell in a downtrend, when the price reaches an average value or overbought. Thanks to this simple strategy you can minimize your losses when the market is in a flat or is unstable.

TrendQuietly

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