2pbIdeal1MA Candle indicator technique (MT5)
The MT5 2pbIdeal1MA Candle technical indicator displays an oscillator indicator calculated on a 2pbIdeal1MA and represented in the form of price candle calculated on different prices:
. opening price
. Closing price
. High prices
. low prices.
The 2pbIdeal1MA indicator calculates a moving average with an algorithm developed by Neutron.
The stock indicator 2pbIdeal1MA Candle is a trading tool that helps identify areas
oversold and overbought market areas
included
2pbideal1macandle.mq5
2pbideal1ma.mq5
Broker Online - Broker Stock Exchange : Trading Platform Metatrader MT5
Interpretation Rules - Signals From trading
* buy signal: Feeling uptrend
. Formation of a positive 2pbIdeal1MA candlestick Candle, blue
. The oscillator 2pbIdeal1MA Candle is low, forms a hollow and is reversed upward
. Divergence bullish: the price reduction (new highest lower) and 2pbIdeal1MA Candle oscillator up (new higher low) .A upward correction of prices is expected.
* Short Sell Signal: Feeling downtrend
. Formation of a candlestick Candle 2pbIdeal1MA negative, red
. The oscillator 2pbIdeal1MA Candle is high, form a peak or apex and is reversed downward
. Divergence bearish: the price is rising (new higher low) and 2pbIdeal1MA Candle oscillator down (again above lower) .A downward correction of prices is expected
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time and time unit UT - Time Frame: 30 - M30
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