The DayWay indicator shows the current trend direction on the chart as a colored line. The best timeframes for operation are M5 and higher. Works on all currency pairs. Suitable for any scalping strategies. Quite easy to use.
Recommendations on usage
- When a blue line appears, wait for a candle to close and open a buy order.
- When a red line appears, wait for the current candle to close and open a sell order.
Parameters
- Periods - period of the indicator.
