This great and simple indicator based on EMA generates information about entry points at close of the candle. First signal is the best entry point but you can re-enter at the next. IMPORTANT: this script does not generate exit signals and those shoud be find using money management rules or else. Perfectly catches long runs in trends at all underlayings (forex,...
Set up a trailing stop at about 0. Look for the red dots.and that's a good point to enter a long trade.
Simply look for a 12 point long bar and that's a perfect time to buy the security
A CHANGE of background color indicates a trade opportunity : Cyan background = BUY Purple background = SELL The bullish signals seem to be better than the bearish ones. Based on the "Willy" indicator. Don't change the parameters unless you fully understand the consequences. Use with brains and caution :)