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Forex Indicator Camarilla_dt

Forex Indicator Camarilla_dt - universal trading tool. The indicator provides eight levels of yesterday's high, low, close, open, divides them into two groups and the numbers from 1 to 4.

The principle of trade on the forex indicator Camarilla_dt:

1. The price is usually between h3 and l3 and have to buy one level and sell from each other. Stops are putting between 3 and 4. When the price is between 3 and 4 are you waiting for, when it returns in the range of h3-l3, then open a trade with the trend after release from one of these levels (depending on the direction of the trend).

2. In the case of penetration of 4 open position (or the input of orders for the 4 E levels), the profit level of around 5 in the direction of the breakdown, the levels of foot 4. By themselves, fourth very strong, and their penetration means that the price is likely to go further in this direction.

Trading on the forex indicator Camarilla_dt between h3 and l3 will allow you to earn a minor market movements within a day, while trading in the breakdown h4 l4 and allows even the novice trader to get a good profit on the short and powerful movements.

The rules of calculation:

R3 = R2 + (H - L) 
R2 = Pivot + (H - L) 
R1 = 2 * Pivot - H 
Pivot = (H + L + C) / 3 
S1 = 2 * Pivot - H 
S2 = Pivot - (H - L) 
S3 = S2 - (H - L)

H - maximum spark 
L - low of the candle 
C - closing the candle

 

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

 

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