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If you are smart you'll never use this indicator alone to predict reversals. You need 3 or more good trend oscillators plus this indicator to filter out manipulation and stop hunts. You find those oscillators you have a 80%-85% winning system that trades on the 15min chart and beyond. Remember that price doesn't stay bullish forever or bearish. Finding that reversal with 80-85% strike rate defeats smart money concepts, ICT...Supply and Demand etc.
Sometimes it works well. Most of the time it repaints and you will blow your account over and over before you have to let it go. Don't do it bro.
Hi,
is it possible to create a indicator for binary like V75, V10 and others, am using Deriv as a broker to trade and its only offer MT5.
Kind Regards,
Fredrick
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