Description
Rea_Zar is an indicator for more patient traders or for all those who have little time to dedicate to the chart. Suitable for long-term operation. The operational Time frame is the four-hour one (H4), while the daily one (D1) helps us obtain the confirmations necessary to carry out the operation.
Thanks to a set of indicators created specifically by the REA team, we are able to obtain exact confirmations which allows us to open even just 1 operation per month, enough to do a month's work.
Functionality
- TMA Channel
- Highlighting DOJY candles buy or sell
- Buy or sell arrow confirming entry
- Potential trades with Entry line, Stop Loss line (SL) and Take Profit line (TP)
- Panel to quickly change pairs already knowing the direction of the trend
- Telegram signals with entry price, stop loss, take profit and the screenshot of the graph in question
Parameters
TMA
- Length: Set the period for calculating the TMA Channel(Default: 60)
- Price: Sets whether to calculate the channel on Closing/Opening/Maximum/Minimum prices (Default: Closing)
- ATR Multiplier: Set the ATR multiplier for TMA Channel calculation (Default: 2.5)
- ATR Periods: Set the ATR period for TMA Channel calculation (Default: 100)
Assistant
- Body Dody:Set the div Pips value of maximum size of the body of the dojy candles (Default: 20)
Positions
- View Positions?: Set to Yes to view potential operations that can be performed with the indicator (Default: No)
- Operation length: Set a candle period which will be the length of the potential trade lines (Default: 10)
- Maximum Back: Set the number of back candles that the indicator must count to detect Highs or Lows to insert the stop loss (Default: 5)
- Add SL: Set the number of Pips you want to add from the minimum or maximum to the stop loss (Default: 10)
- TP Rewards: Set the Reward value to calculate the Take Profit, if you enter 2 your take profit will be 2 times your stop loss, for example: if the stop loss is 13 pips the tp will be entered at 26 (Default: 2)
Panel
- Watchlist: Enter the name of the watchlist you want to observe, leave unchanged or blank if you don't want the panel
- N Pair: Enter the number of pairs you want to display in your panel (Default: 5)
- Vertical Position: Set the vertical position of the panel (Default: Top)
- Horizontal Position: Set the horizontal position of the panel (Defaul: Left)
Permission
- Username: Enter your site username, making sure to capitalize correctly
- User Email: Enter the email with which you registered on the site
Telegram
- Telegram: Active with Yes or Inactive with No
- Tokens: Enter the Token (string of numbers and letters) of your Telegram Bot that will send the Signals
- chatID: Enter the ID of the Telegram chat where you want the messages to arrive
Lines
- Center: Choose the color of the midline of the TMA Channel
- Upper: Choose the color of the TMA Channel Top Line
- Lower: Choose the color of the TMA Channel Bottom Line
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