The color histogram 4 time frame Asctrend determines two different market conditions: bull market or bear market.
The trading signals (buy / sell) generated are calculated on the slope of a Asctrend indicator.
The stock indicator ASCtrend is a digital trading system that automatically provides trading signals (buy / sell)
signals are calculated on the basis of two WPR indicators with different periods (fast and slow period period) .When the signals match the ASCtrend indicator generates a trading signal
Multi Time Frames MTF: an option to select a different time frame of the current time frame for calculating the indicator.
Using multiple time frame to identify the trend overall the market in the short term and long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
A trading alert (sound, notification, message, email) is provided in cases of buy / sell signal (4 time frames have the same tendency)
included
4 time frame Asctrend.mq4
Broker Online - Broker Exchange : platform Trading MT4 Metatrader
Interpretation Rules - signals from Trading
* signal purchase: buyer pressure
. Formation of a bar 4 time frame Asctrend positive green: the ASCtrend indicator provided a bullish signal - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
* Selling signal: Pressure saleswoman
. Formation of a bar 4 time frame Asctrend negative red: the ASCtrend indicator provided a bearish signal - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
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Session Trading Intraday
time unit UT - time Frame: 15 Minutes M15
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