Custom Forex Indicators
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True Trend:
The bottom indicator with the red and green bars is the True Trend indicator. The
True Trend as it name describes defines the trend for us so that we know if we should
be buying or selling always in the direction of the trend. This gives us the edge of
knowing what the trend is and trading in the direction of the trend always.
Custom Macd:
The white indicator in the middle is the Custom Macd. The Custom Macd indicator lets
us know when price is oversold or overbought. This prevents you from buying when
price is oversold and having price retrace on you as soon as you enter the trade as
well as selling when price is oversold and also having price retrace on you as soon as
you enter.
Many traders are able to understand the trend and correctly determine if they should
be buying or selling. However many traders actually enter the trade at the wrong
time and as soon as they enter the trade it goes against them. The Custom Macd will
be your guide to prevent this.
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