The Euro Smart Lite is a smart indicator of detecting trends, contains 3 bits of intelligence. 1. intelligence detects trends, 2. filter trend on the indicator can function to eliminate false signals, 3. indicator supply and demand for an exit signal. This indicator allows you to open trading easily and accurately. all indicator features are easy to use and easy to understand.
Parameters:
- Trend Alert = Send alert to buy signal, sell signal, and exit signal
- Send email = Send email alert to buy signal, sell signal, and exit signal
- Trend Filter= indicator values to filter market trends
- period supply-demand = value of supply and demand indicator
- Automatic CandleSize = the size of the candle automatically
- Manual CandleSize = the size of the candle manually.
- BUY_Color = color for buy signals
- Exit_Buy_Color =color for Exit Buy signals
- SELL_Color =color for Sell signals
- Exit_Sell_Color =color for Exit Sell signals
- Supply color = color for supply zone
- Demand color = color for demand zone
Trading Rule:
- Open BUY: if candle color: green (previous candle: Teal) and filter color: green
- Exit BUY: if candle color: red and filter color: Red
- Open SELL: if candle color: red (previous candle: Teal) and filter color: Red
- Exit SELL: if candle color: green and filter color: green
- Time Frame recommended: M15, M30, H1, H4
- Trading Session: London Market and US market
- Stop Trading: Sideway market, ECB News and NFP
Suitable for trading types:
- Scalper trader: use TF m15/M30 to Entry trade and look at TF H1 to check the major trend.
- intraday trader: use TF H1 to Entry trade and look at TF H4 to check the major trend.
- Swing Trader: use TF H4 to Entry trade and look at TF D1 to check the major trend.
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