http://mt4trendindicator.com. When you trade with the TrendViper indicator finding good trading opportunities becomes very easy. The indicator generates Buy and Sell trading signals that can be used in Forex and Binary options trading. This video is in fast motion and represents about 2 hours of trading time on 1 minute chart for illustration purposes only. The rule is this. When the green line is above the red line we have an uptrend, when the green line is below the red line we have a downtrend. Uptrend is represented by a Green color and downtrend by Red color. The Buy and Sell Signals are generated on line crossovers but they are also filtered by ADX trend power indicated by the power bar in the display. When the first green bar appears it means the ADX power is above 25. This threshold usually indicates a trending market but can be modified in the TrendViper settings. So knowing this let's take look at our chart. Here, the green line will always be closer to the actual price action. In fact, the price will cross it quite often. During a trending market the price might even touch the red line, sometimes it might even cross it a little and then bounce back. But on a line crossover, confirmed by trend power and a signal, the price tends to change its direction and following a trend becomes much easier. The ADX power bar filters bad crossovers that happen during a sideways or indecisive market. In addition to ADX filtering the TrendViper has a very unique display with instant view of trends on upper time frames, color coded current price shown by tick, remaining candle time, and candle direction on upper time frames. This information can be very useful for confirming and timing your trades. The TrendViper indicator will most certainly empower your trading. And it's unique filtering feature will produce much more refined signals. Signals that you can enjoy for free!
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Duration: 2m 25s
Rating: 4