Bright Road GBPUSD

The indicator shows the direction of trend and stability, as well as its moments of reversal. Using an indicator, you can find a successful login, the performance bottlenecks in order to minimize risk and time to exit the trade. Never is not redrawn. Elementary configuration and visualization makes it accessible for both beginners and experienced traders. Well suited for any trading style. For added convenience, automatic construction price channel

This demo version is limited GBPUSD

Full version indicator is also available: https://www.mql5.com/ru/market/product/13886

The indicator is displayed immediately AT THE OPENING OF CANDLES in the form of two lines:

• ROAD - Smooth motion. It is drawn in a solid orange line


• BRIGHT - The direction and strength of the trend. The line of circles (Lantern), red, blue or yellow

Using indicator

• PURCHASE - BRIGHT line must be below the prices and change the color to blue


• SALE - BRIGHT line should be higher prices and change the color to red


• DUAL - a few torch YELLOW row.


• CONFIRMATION trend upwards - Opening candle above the line at BLUE ROAD flashlight lower than ROAD


• CONFIRMATION trend downwards - opening candle below ROAD line with red lanterns higher than ROAD

As additional features may be used crossing lines - intersection of the long lines BRIGHT ROAD line from the bottom up talking about the long-term trend.

I recommend to use 2 screens in trading on the indicator: At the senior timeframe to determine the change in the trend, and youngest to do input with the trend older.

indicator settings

The indicator has only 1 Settings:

• DEPTH - depth analysis of historical data. Indicator requires substantial depth analysis recommends no less than 30. Default 54 bar.

A warning

Bright Road is the trend indicator and may provide "false" to the flat response at long movement or in case of sudden movement of the market (e.g. caused by news)

The indicator is not a complete trading system and are strongly encouraged to use it in conjunction with other actions and verify the fundamental analysis.