In this article, I will tell you about the instrument that will help analyze the situation in the market and make a trading decision. This is the Dynamix27 TT indicator. In its algorithm, the testimony of 27 moving averages are laid. Based on this data, the indicator determines the attenuation periods of the current trend and the formation of a new movement. It is displayed on the graph in a separate window. In order to start using the indicator, you need to place it in the appropriate MT4 folder and restart the trading terminal. Thereafter You should open a window with the Dynamix27 TT settings. The indicator has only four variables. First you need to specify how many candles from history it should take into account in his calculations. This is done using the History parameter. Next parameter – STEP. It is designed to designate the indicator step. I want to pay attention to that the value of this variable depends on what timeframe is expected to trade. There are no ready-made options. The STEP value for a specific TF should be chosen on the demo account. The remaining two parameters of particular importance do not have. Line-Style and Line-Siz are used to determine the style and thickness of the indicator lines. You can leave the default settings. And now consider how DynamiX27 TT signals are read.
Indicator Signals
Here it looks like a trading price chart:
The indicator displays the sliding medium and central line in the graphic color. To make a decision on the purchase can be provided that all ma Crossed the line of red in the bottom upward direction. On my example, this situation is observed. You can consider the possibility of opening an order for sale in the presence of an inverse intersection, that is, Ma lines crosses the red line in the direction from top to bottom. This indicator is recommended to be used in conjunction with other market analysis tools. These can be indicators or, for example, figures of graphic analysis. You can close transactions when the opposite signal appears, or using TP and SL. To accommodate Stop Loss, we use local extremmas. Take profit must be 2 or 3 times the size of SL. Do not trade for real money without pre-testing the performance of the indicator on the demo account. And do not forget to follow the rules of manifestations. Say the indicator file: DYNAMIX27 TT Inga Fedorova 16.01.2022 Recording Indicator for MT4 Dynamix27 TT For the first time appeared Forex-For-you.ru.