DC signals indicator.
Finding entry points into the market has always been the primary task of any trader; it is, in fact, half of a successful trade.
There are many options for solving this problem, but the easiest way to do this is with a special indicator.
The DC signals indicator is a script for finding market entry points. It analyzes the current trend over a specified timeframe and generates a signal to open a trade, indicating its direction.
All you need to do is download and install it on your chart, then monitor for signals. The indicator operates according to the following principle and has the following settings.
For fine-tuning the script, there's one important parameter, "history," which is the number of bars included in the analysis. By default, it's set to 500; if you're scalping, it 's recommended to reduce the value to 100.
For use in trading,
each signal is indicated by multicolored diamonds:
A blue diamond is a buy signal.
A red diamond is a sell signal.
There's also a confirmation signal—a red circle. It must be outlined in white; otherwise, the signal is considered unconfirmed.
DC signals is a pretty good technical analysis tool, but you shouldn't rely on it being 100% accurate. As an alternative, it's better to use SMS Forex signals , a more advanced version of semi-automated trading.
