KARAS Multi Trend shows Long, Medium and Short Trend with their power. It is a supporting tool for trading systems as Trend filter. This indicator is easy-to-use trading system for beginners, advanced and professional traders.
Trend calculation method is based on momentum. This indicator has lots of calculation, but shows only results for easy using.
- No input parameters needed.
- No repaint!
- No dependence from the chart timeframe. It shows same results in any timeframe.
- Suitable for Scalpers, Swing Traders, Day Trader, Short Term & Long Term Traders.
- You may use this indicator for all instruments.
- Compatibility to different trading strategies.
- BUY: if long and medium trend is positive and short trend is negative. Good signal for re-entry to buy position.
- SELL: if long and medium trend is negative and short trend is positive. Good signal for re-entry to sell position.
- EXIT BUY: if there are 3 green bars in any term, exit buy. (It means the price is overbought on this term)
- EXIT SELL: if there are 3 red bars in any term, exit sell. (It means the price is oversold on this term)
I am developing automatic trading strategies and indicators for 9 years. Especially I am working on major currencies, CFD and Futures.
If you have any questions, I am always happy to answer.
Best Regards, Ozkan.