This is a customized version of the HALFTREND indicator.
Trading Method:
Timeframe: 1-hour or higher.
Buy Signal: When a buy signal is generated, open a long position and set the stop loss just below the lowest level.
Sell Signal: When a sell signal is generated, open a short position and set the stop loss just above the highest level.
Risk Management:
Make sure to learn risk management principles before trading. Always maintain a minimum risk-to-reward ratio of 2
You can set alerts to receive notifications for buy and sell signals.