im looking for a indicator that helps me find the entry points to buy and exit points to sell is there any out there? or is there a certain name for the indicator? picture of example
Any indicator can give you entry and exit points, however don't expect them to make you profitable. There are no shortcuts, either commit yourself to a lot of time and hard work or find something else to do.
primary ones are - Candle chart patterns, moving average, volume secondary indicators are - stochs, accumulation/distribution, RSI, Bollinger band etc Sorry, I don't have time to attach pictures of those examples I think some companies sell some excellent indicators that identify optimum entry and exit points.
Thanks for the quick response. Did you have any companies in mind that sell optimum entry and exit points?
Such companies don't exist. They would be better off making money with the indicators than selling them for say $99.
I see your using MT4. try this one. It's the only indicator I use on MT4. Based on an EMA (with a difference)
Hi Loooppy99, Do you mind to share what the logic behind the indicator is? It doesn't look like a conventional MA and it looks good on the chart. Does it repaint?
Nope, Doesn't repaint. Change the colors to one color. Set to 3 on 15m & 1h. Set to 6 on 4h & above. Enter trade when candle above/below halftrend line on 1h. NO trade when candles are touching line. (ranging) Take care when trading on wrong side of 4h line. Cheers