REA Friendly

The REA_Friendly indicator allows you to display different information on the chart to interpret the market and go for or against trends. This indicator in our work we always use it in combination with Supply and Demand, to have all the information to enter the market.

View all our tool in our website: https://www.reavolution.com/en/category/strumenti/

Functionality

• Yellow Arrow, Represents a possible price reversal.
• Red Arrow, Represents a possible entry area in Sell if previously we have the ideal conditions such as the red dot and the red star.
• Red Star, represents a weakening of the Buy price strength and thus a possible beginning of Sell trend.
• Red Dot, Represents a great force Sell.
• Green Arrow, Represents a possible entrance area in Buy if previously we have the ideal conditions like the green dot and the green star.
• Green Star, represents a weakening of the Sell price strength and thus a possible beginning of Buy trend.
• Green Dot, Represents a great Buy strength.
• Signal with message preset on Telegram via a Telegram bot

Parameters

• Source: Select on what we have to read the Mobile Media, Open in the opening prices of candles, Close in the closing prices of candles, High in the maximum prices of candles and Low in the minimum prices of candles.
• FastPeriod: Select Fast Moving Average periods.  (default 5)
• SlowPeriod: Select Slow Moving Average periods. (default 34)
• Distance Draw: Selects the distance in pips of the condition drawings.

SuperTrend

• Period: Select Super Trend Period  (default 10)
• Multiplier: Select the Multiplier  (default 3)
• Level: Default level to 0

Telegram

• Telegram : Active with Yes or Off with No
• Tokens: Enter the Token (string of numbers and letters) of your Telegram Bot that will send the Signals
• chatID: Enter the telegram chat ID where you want messages to go