Up Down v6 Indicator: Non-Repainting Signals for All Pairs and Time Frames

The Up Down v6 indicator is non-repainting and works with all currency pairs on time frames lower than weekly. It is also suitable for 1-minute charts across all pairs. This indicator holds signals for a long time and doesn’t generate too many signals, making it reliable for traders.

Key Features:

• Signal Generation:
  • When the red histogram crosses the trigger line, it generates an up signal, indicating a probable price drop.
  • When the blue histogram crosses the trigger line, it generates a down signal, indicating a probable price rise.

• Signal Visibility:
  • If signals are not visible, press the “+” button on the terminal.
  • For weekly charts, reduce the processing value from 1000 to a minimum of 500 due to low data on the chart.

• Customization:
  • The default “c” value is set to 2.7.
  • Adjust the “c” value according to your chart to fine-tune the signals.
  • The “c” value should be adjusted based on the currency pair used. Set the value in daily or H4 periods to identify up and down points, and use the same value for that pair afterward.

• Time Frames:
  • Signals may appear on different periods, such as H4 or 15-minute charts. Act according to the signals seen on any period chart.

• Mathematical Approach:
  • The system uses a mathematical approach to analyze prices and identify up and down points. However, it does not guarantee a win.

Conclusion:

The Up Down v6 indicator provides a reliable, non-repainting tool for traders across various time frames and currency pairs. With adjustable parameters and clear signals, it helps traders make informed decisions based on price movements.