The Ozymandias Buy Sell Alert Metatrader 5 forex indicator paints the candlesticks that forms beyond the Ozymandias channel.
The channel is comprised of three lines, the outer upper and lower lines, that are both filled rosy brown, while the middle band (also tagged the Ozymandias) alternates between deep pink and dodger blue.
When the candlesticks travel beyond the Ozymandias channel, they get filled as a result of the trend-related color.
Bright color gets reserved for the candlesticks that conforms to the prevailing trend, while dark color depicts candlesticks that are against the trend.
The Ozymandias Buy Sell Alert indicator combines all these features into allowing it deliver signals, push notifications and send emails, when the candlesticks breach the outer boundaries of the indicator channel.
The AUD/USD H1 chart below displays the Ozymandias Buy Sell Alert Metatrader 5 forex indicator in action.
Basic Trading Signals
Buy Signal: Go long when the middle band (Ozymandias) of the Ozymandias System indicator turns dodger blue.
Sell Signal: Go short when the middle band (Ozymandias) of the Ozymandias System indicator turns deep pink.
Exit buy trade: Close all buy orders if while a bullish trend is ongoing, the middle band (Ozymandias) of the Ozymandias forex indicator turns deep pink.
Exit sell trade: Close all sell orders if while a bearish trend is ongoing, the middle band (Ozymandias) of the Ozymandias forex indicator turns dodger blue.
Tips: The Ozymandias Buy Sell Alert Metatrader 5 forex indicator functions amazingly well in the hands of scalpers, day traders and swing traders who are looking to build steady income trading currencies.
MT5 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 5
Type: chart pattern indicator
Customization options: Variable (Length, MAType), Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the Ozymandias_System_Alert.ex5 indicator into the MQL5 indicators folder of the Metatrader 5 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL5 > Indicators (paste here)