3 x Heikin Line

18 thg 11, 2024

The 3 x Heikin Line Indicator by TB365 combines three Heikin Line Indicators (vn.tradingview.com/script/QX6e209q/) , allowing users to customize the time frame for each one. A unique feature of the 3 x Heikin Line is its integrated display panel, which helps identify Up/Down (Rising/Falling) trends and the Width/Narrowness of the Heikin Line.

Outstanding Features of 3 x Heikin Line
This indicator enables traders to easily analyze multiple time frames on a single chart.

For example, if you trade on the M1 time frame:

Heikin Line 1: M1 time frame (Main chart)
Heikin Line 2: M15 time frame
Heikin Line 3: M30 time frame
=> This gives you the most comprehensive view of the market.

Key Characteristics of Heikin Line:
Colors:

Green: Indicates a strong uptrend.
Red: Indicates a strong downtrend.
Width:

Wide: Indicates a strong and clear trend.
Narrow: Indicates a weakening trend, with a potential for reversal or retracement before continuing the main trend.

Additionally, the Heikin Line bands can be regarded as dynamic support and resistance zones, providing flexibility in analyzing trends directly on the chart.

Combination with Other Tools
Heikin Line not only offers reliable signals but also serves as a powerful tool for filtering out less effective signals when combined with other indicators, especially Infinity Entry, to enhance trading accuracy.

With 3 x Heikin Line, you have a comprehensive tool to make more informed and effective trading decisions.

23 thg 10

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