Trade Only Strong Signals!
Is the trading signal strong or will it turn out to be another costly mistake? Get to know when to trade! It is crucial to know when you can rely on your preferred indicator or strategy and when it is better to postpone trading for few days or to simply skip it. Like Heikin-Ashi charts, it colors the bars to indicate the dominant trend. Advantage Colors will help you to distinguish between strong market when the movement should be continued and the weak one, when the price will be against you in the next bars. It will help to avoid many false signals, and also will signal very first signs of trend reversal.
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.
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Advantage Colors Manual
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