FanSimple Indicator

Quoting usdivers

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Has anyone had any experience with the FanSimple indicator. The only info I could find was on a Russian forex site...which was of course in Russian. If you look at my chart, it is the indicator with the gray diamonds, green dots and arrows.

Can someone explain to me how it is used?

Cheers

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Quoting walb99

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This is a multitimeframe Guppy-indicator.

For a Buy signal all timeframes should show green, for a Sell red, that's why simple.
Green dot above the arrows/diamonds = 3EMA is pointing up /price above the system
Green dot below the arrows/diamonds = 3EMA is pointing down /price below the system
blue arrow= all MAs are going up in this timeframe.
red arrow= all MAs are going down in this timeframe.
gray diamond = MAs have no clear order in this timeframe

But may be there are even more features built in.
Needs more investigation.

The attached version...

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Quoting usdivers

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Thanks

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Quoting walb99

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Welcome, I would suggest to change the PriceColor to Aqua or any other neutral color, because it may be confusing to get a sell signal in Lime.
Display works only properly in Corner 0 and 1.

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Quoting usdivers

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So if I understand correctly, best buy signal is all blue arrows in all time frames, with price dots above each arrow??

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