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HalfTrend v1.02 Indicator : Free Download

HalfTrend v1.02 Indicator is an analogue paid indicator by Karl Dittmann. The HalfTrend v1.02 is also called BuySellArrowScalper. Often have to deal with paid indicators, which are created by the authors of the publicly available indicators with a few additions or corrections. And BuySellArrowScalper no exception. HalfTrend v1.02 indicator is based on popular indicator Ozymandias, which reliably monitor the trend in the market and filters sharp fluctuations and market noise. 



HalfTrend v1.02 not repainted after closing the signal candle and not delayed and is a good complete trading instrument. HalfTrend v1.02 Indicator will help you to eliminate the noise in the market and combined with the 50 period SMA to maximize your profitability.


HalfTrend v1.02 indicator is Multi-trend advisor is based on the classic indicators Exponential Moving Average ( EMA ) with optional parameters and filter to confirm the order opening the indicator Relative Strength Index ( RSI ) on the signal and selectively EMA. Orders are opened while crossing at a slow-fast EMA EMA or vice versa, a confirmation signal filtering.



Settings of HalfTrend v1.02 Indicator:

  • Show Bars - True/False
  • Show Arrows - True/False
  • Set an alert sound signal - True/False
  • Dialogue box 
Rules for opening a long position:
Open the long position, when there was a blue arrow pointing up.
Stop Loss set a few pips below the local minimum.

Exit with the appearance of the red arrow and the red line.


Rules for opening a short position:
Open the short position, when there was a red down arrow.
Stop Loss set a few pips above the local maximum.

Exit with the appearance of the blue arrow and the blue line.

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