The strategy consists of several main elements:
- Global Average - On the chart, GA is displayed as the average price line, showing the current local trend direction with its color, as well as edging the bars to the trend color. Generates a signal when the local trend changes.
- Global Trend - The second element of the strategy indicator is Global Trend, which forms the key levels, when breaking through which the global trend changes and the corresponding signal is formed.
- Levels - And the third element is the Levels block, which primarily fixes local extremes that can be used for scalping, as well as for setting a take profit and stop loss for a trade.
levels are also formed from local extremes.
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Now the strategy allows you to look at the historical data from 01.01.2020, how the optimal trading strategy for our indicator works at the moment.