The technical indicator MT4 4 BB Stops time frame 1.1 is a multi timeframe binary indicator to simultaneously establish the direction of the trend of 4 time frames (time unit) different.
The trading signals (buy / sell) generated are calculated on the basis of a stock indicator BBand Stop.
The stock indicator 4 time frame BB Stops 1.1 displays a color histogram identifying two market conditions: bullish or bearish
The technical analysis simultaneous multiple time frame charts or allows the investor to accurately identify the general market trend short term and long term to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frames, the probability of success increases with the signal strength: the trading signal is more reliable and stronger.
included
4 time frame BB Stops 1.1.mq4
Broker - Broker Exchange : Platform Trading Online Metatrader MT4
Interpretation Rules - Signals From Trading
- Buy: Signal bull market trend // BUY
. Formation of a square 4 time frame BB Stops positive green: the price is above the BBands Stop - Trend bullish on the corresponding time frame
. All squares are positive - Strong uptrend
- Short selling : // bear market trend signal SELL
. Formation of a square 4 time frame BB Stops negative red: the price is below the BBands Stop - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
Read more about the rules and trading signals:
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Time and Time unit UT - Time Frame : 5 minutes M5
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