Mauna loa is an indicator for binary options, programmed to get momentum reversal and recommended for manual trading
Indicator Parameter
- Alert = true/false
- AlertOnBar = Current Bar / Close Bar
- RSI Period = RSI Period
- Slowed UPDown Movement = Used to slow the up and down movement of the RSI indicator
- Smooth RSI Line = Used to smooth RSI lines
- OverBought Level = RSI Overbought
- OverSold Level = RSI Oversold
- Signal Filter = On/Off
- Filter Based On = RSI Indicator / Price HILO / Extreme level OBOS
- Arrow Type : 1 = up , 2 = down
Recommended to use
Default indicator settings are used for auto trading users on the M5 timeframe with an expiry of 1 candle and the M1 timeframe with an expiration of 4 candles
- Timeframe : M15 or Higher
- Expired Time: 1 Candle
- Pair: Any ( don't use at high volatility or high impact news )
- Use additional indicators such as SnR / SnD or Indicator to confirm the reversal
