Equilibrium - Signal (Expo)

Equilibrium – Signal (Expo)

DESCRIPTION

This indicator is a complement to the “Equilibrium – (Expo)” – indicator.

The idea of putting together the Equilibrium Signal indicator is to visualize when the equilibrium is abnormal or have “tension” which happens when the trend is over. At this point, consider take profit or start looking for trend change patterns.

Equilibrium - Signal (Expo) should be used with Equilibrium – (Expo) indicator.

HOW TO USE

1. Use the indicator to detect a trend shift.

• When the indicator starts to peak, get ready for a trend shift

2. Combine it with the Equilibrium - (Expo) indicator in order to see when the “tension/abnormal equilibrium” is higher than the Equilibrium line


INDICATOR IN ACTION

Positive trend



BTCUSD


EURUSD


USDGBP


AAPL


Negative Trend


BTCUSD


EURUSD


BRENT


SEKUSD


GOLD



I hope you find this indicator useful, and please comment or contact me if you like the script or have any questions/suggestions for future improvements. Thanks!

I will continue to work on this indicator, so please share your experience and feedback with me so that I can continuously improve it. Thanks to everyone that have contacted me regarding my scripts. Your feedback is valuable for future developments!



ACCESS THE INDICATOR

• Contact me on TradingView or use the links below



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Disclaimer

Copyright by Zeiierman.

The information contained in my scripts/indicators/ideas does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.

My scripts/indicators/ideas are only for educational purposes!