6960+ Pips Profit!

We've got in a year 2017
Free FOREX Signals
 

Forex Broker AVA Trade

Relaible partner for Traders.
Start trading now!

 

Forex Brokers Rating

Only best Brokers on our website
with honest Rank!

FOREX Advertising

On LiNSTR.com

Forex Indicator “Dots”

The Dots indicator demonstrates the current direction in trend by putting colorful dots on the chart. Red dots show a downtrend. Blue dots show an uptrend.

The calculation of an indicator is not built on indicators of standard MetaTrader platform, but it uses the Moving Average function for getting prices of a definite type (Close, Open, Minimum, Maximum, Typical etc.). The calculation is received from a cosine of a change in price angle. There can be set a few input parameters:

Shift (0 on default) – is a horizontal indicator shift.

Filter (0 on default) – allows filtering price surges without replenishing display lags.

Deviation (0 on default) – is a vertical indicator shift.

Length (10 on default) – is an indicator period.

Applied Price (PICE-CLOSE on default) – is a type of price used in calculations.

Tips:

It is recommended to wait for 2 identic dots and open positions by trend. Sadly, it doesn’t always work. As an alternative it is better to use one dot as a signal with Filter Parameter set as Spread x 3. 

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

Fell free to contact us with 
admin@linstr.com

FOREX Advertising

 

 
© 2009-2016
LiNSTR.com