DC signals indicator.
Finding entry points into the market has always been the primary task of any trader; this is actually half of a successful transaction. There are many options for solving this problem, but the easiest way to do this is using a special indicator.
The DC signals indicator is precisely a script for searching for entry points into the market; it analyzes the current trend on the time period you specify and gives a signal to open a transaction indicating its direction.
All you have to do is download and install it on the chart, and then monitor the appearance of signals, the indicator works according to the following principle and has the following settings.
To fine-tune the script, there is one important history parameter - this is the number of bars involved in the analysis, by default it is set to 500, if you are trading scalping, it is advisable to reduce the value to 100.
Use in trading.
Each signal is indicated by multi-colored diamonds:
A blue diamond is a buy signal.
A red diamond is a sell signal.
In addition, there is also confirmation of signals - a red circle, it must be circled in white, without this the signal is considered not confirmed.
DC signals are a pretty good technical analysis tool, but you should not rely on its 100% accuracy; as an alternative, it is better to use Forex SMS signals , a more advanced version of semi-automatic trading.