By Karl Dittmann – http://www.karldittmann.com/trend-flat-indicator.html
- red area: only sell signals confirmed
- green area: only buy signals confirmed
- grey area: ignore all signals! Flat trend!
Whenever you get a Buy or Sell signal from any other trading software – confirm the signal with a “Trend a flat” indicator:
- Red area: bearish trend ( fill free to enter your trades, all your SELL signals from other software – confirmed! )
- Green area: bullish trend ( fill free to enter your trades, all your BUY signals from other software – confirmed! )
- Grey area: flat trend ( no entries! Just ignore all Buy/sell signals from your other FX software )
Download link: [Trend and Flat indicator]