An aggressive scalping indicator designed for short timeframes.
Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas
The TD numbers 8 and 9 signal a possible turning point, especially if these are coloured yellow.
The green and red areas indicate potential stop loss positions.
This indicator can be used on its own; but for best timed entries I recommend combining it with an oscillator such Stochastics.
Made up of:
- The 21 and 55 EMA, but these are customisable to be any length and either the: ema, sma, tema, hma or wma
- The TD sequential
- Support & resistance zones which are indicated by red and green shaded horizontal areas
The TD numbers 8 and 9 signal a possible turning point, especially if these are coloured yellow.
The green and red areas indicate potential stop loss positions.
This indicator can be used on its own; but for best timed entries I recommend combining it with an oscillator such Stochastics.