DislikedHi guys, any system isn´t perfect... but I´m always trying to make the strategies I´m using better. So I end up with this indi.. It´s MA based and I´m using it to determine trend and to avoid bad entries. Use is simple... Just look if the MAs are turned up/down for opening your trades...Do not trade counter trend!
In attached picture I´ve marked the fractal which I would normaly use for short entry, but if you look at Trender, you can see its pointing up...so [color=red][b]Do not trade...Ignored
Thank you Jakub.
I think if you were to chaeck the higher time frames they would kee you out of a short trade anyway. But, if you find this additional indicator useful, be my guest