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This indicator combines Moving Average (MA) and Average True Range (ATR) to visualize potential trade signals. Black solid line indicates MA, Red solid line indicates MA+2*ATR, Red dash line indicates MA+1.5*ATR, Green solid line indicates MA-2*ATR, Green dash line indicates MA-1.5*ATR.
Entry Rules:
1. The price must cross over the moving average line and close on the opposite side
2. The trade’s direction will be determined based on the direction of the cross;
1. a long position when the price crosses from below and closes above the moving average
2. a short position when the price crosses from above the moving average and closes below
3. A trade can only be placed if it coincides with the current trend;
1. a long position must have a positive moving average slope
2. a short position must have a negative moving average slope
3. no trade should be placed if there is a flat moving average slope
4. The highest high or the lowest low must not touch, pass or be very close to dash lines (reversal points).
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