Trade Only Strong Signals!
Advantage Trend Colors is a new dimension in trend analysis designed to find strong signals and robust price movements. Like Heikin-Ashi charts, it colors the bars to indicate the dominant trend. However, it does so in real-time, coloring the current bar without any lag, so the signals are not delayed. It focuses on short-term trends, which allows to combine it with other mid-term indicators like Advantage Trailing Lines to develop a coherent trend following strategy.
Advantage Colors will help you to find strong candles on your charts so you can be more confident trading signals generated by other tools. It will color in blue or red these candles, after which you can expect a continuation of a rally or a decline and will color in gray those after which the probability of movement continuation is low. It seems to be very simple tool, but try it once and you will never want to go back to default bar coloring!
Advantage Colors settings:
• Strong Up Candles
• Strong Down Candles
• Trend like Heikin-Ashi
• Weak Candles and Correction
How to use Advantage Colors: Simple Examples or Trading Strategies.
Price: 9 usd / month
Advantage Colors Manual
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