The Donchian Channel with EMA is a trend-following indicator containing, as the name suggests, Donchian Channel and Exponential Moving Average.The bands of the Donchian Channel can be used to identify the trend, breakout, and volatility of the market and are calculated on high and low of the past market data.The Exponential Moving Average works as a trend direction filter.When combining these two tools, traders can catch major moves in the trendi...
DiNapoli MACD MTF & Alert is a trend-following forex trading oscillator, developed especially for short-term trading or scalping purposes. DiNapoli MACD MTF & Alert plots crossover trend signals by applying 8-DNMA and 18-DNMA in the oscillator window. It also uses MACD bars as a secondary filter of the trend signals.Buy Conditions• 8-DNMA moves above the 18-DNMA level• MACD bar moves above the zero level• Set ...
The Trend Sentry indicator is a trend-following indicator, that’s suitable for both, short-term scalpers, and longer-term swing traders.That forex indicator itself it’s pretty basic as it consists of only two lines, a blue one, and a red one. Despite its simplicity, the indicator generates pretty accurate trading signals.When the Trend Sentry provides the blue signal line it means that the current trend-momentum is considered bullish. Analogo...