3 Screen Elder Arrows indicator technique (MT5)
The technical indicator 3 Screen Elder Arrows is an automated trading system which automatically provides a buy signal to buy or sell Sell.
The trading system is based on the Elder system and combines three different time frame:
. Long term
. Medium term
. Short term or time frame current
signals are calculated based on a rolling average
Using multiple time frame to determine the general trend of short-term market and the long term and can anticipate the entry points and exit trades with a global vision of the market.
If the signals of the analysis multislot unit correspond to the different time frame, the trading signal is stronger and more reliable.
Broker - Broker Online : Platform Metatrader MT5
Interpretation Signals And Rules Of Trading
* Buy signal
. Formation of a bullish blue arrow, placed below the prices and toward the top - Trend bullish
The signal corresponds to moving averages up on 3 different time frame
* Sale signal
. Formation of an arrow bearish red, placed above the prices and downwardly - Trend bearish
The signal corresponds to moving averages down on 3 different time frame
Graphic Exchange - Trading Analysis
Trade Example
Exchange
Action Trading Sony Corporation | SNE
Time Frame: 1 Hour - H1
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