gasilcertified.blogg.se - Snake force indicator

Price channel stop should be blue in color.

Snake boarder (waves) should be blue in color.

Tangajiwa is used to figure out the top and bottom of the price action. Status monitor includes the details like spread, lot size, by swap, sell swap and leverage. Status monitor gives you the details of the market. Status Monitor is located at the bottom of your chart window. When the snake force is above the zero level the histogram is green in color and it indicates the bull’s dominance in the market and when the snake force is below the zero level it is red in color and it indicates the bear’s dominance in the market. Snake force is a histogram which you can see at the bottom of the chart.

Blue waves are formed below the price which indicates the bullish market and the red waves appear above the price which indicates the bearish market. Basically these waves are formed in three layers. Snake boarders are the waves that you see on the price chart. In some way it is also like a moving average. When the market is bearish the price channel stop is above the price which is pink in color. In a bullish market price channel stop indicator is below the price and it is blue in color. Price channel stop is like a parabolic SAR which appears above and below the price. There are six components in snake Wave trading strategy: It is actually very simple to trade using this strategy. It looks quite complicated and messy but it’s not.

Snake Wave trading strategy is a trend following strategy.