Omega Trend Indicator is One of The Most Successful Indicators
Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator.
The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout signals can be an indication for an opposite signal.
The CCI indicator initiated arrows are signs for overbought and oversold market in the context of the current trend and can be used for entry and exit scalping signals. For best performance the indicator must be visually adapted to the used timeframe and trading instrument. The trend lines can be successfully used as an initial SL levels and following trailing stop levels.
Market Insider indicator can send push notifications to mobile phones.
Market Insider Settings
Download Market Insider
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