Indicator LRMA COLOR

We are glad to present you the indicator called LRMA color which task is to show trend and points of its change. It is placed in the section Indicators "Scalping"

at the price chart it looks approximately like that:

Settings of the indicator:

period   

price – price which will be used in calculations - Close – 0, Open –  1, High –  2, Low – 3, HL/2 – 4

Shift - deviation lines of the indicator from a trend.

If the line of the LRMA color indicator is of green color – we buy and if red – we sell. Yellow color shows us places of change of a trend.

LRMA color, as well as the majority of trend indicators gives many false signals during a flat and in order to reduce their quantity, it is necessary to expose a profit of each transaction of no more than 10 - 20 points. We wish you high profit.