Fast and Dead AM
The indicator applies several stochastic oscillators to receive fast and efficient signals. The signal appears only on a fully formed bar and does not repaint. The indicator displays the points of the most efficient entry, as well as points of trend weakening where exit points for fixing losses or profits are to be placed. Since the indicator uses data from the oscillators, it is recommended to use it together with an indicator identifying a trend direction and support/resistance levels, for example: SuperTrend AM, EasyTrend AM, Line Balance AM, Step SAR AM.
Parameters
- Main - oscillator period;
- Signal - oscillator signal line period;
- Distance - distance between a bar and a signal on a price chart.
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