Bright Road

The indicator shows the direction and sustainability of the trend, as well as its reversals. Use the indicator to search for successful entries, the performance bottlenecks to minimize risk and time to exit deals. The indicator is never redrawn. It is an easy-to-setup visual tool for both novice and experienced traders It fits any trading style.

The indicator is displayed immediately at a candlestick open as two lines:

• ROAD - smoothed movement. It is drawn as a solid orange line
• BRIGHT - trend direction and strength A line of circles red, blue or yellow

Indicator Use

• BUY - the BRIGHT line must be below the price and its color changes to blue
• SELL - the BRIGHT line must be above the price and its color changes to red
• REVERSAL - several yellow circles at a row.
• UP TREND ConFIRMATION - candlestick opens above ROAD, when a blue circle is below ROAD
• DOWN TREND ConFIRMATION - candlestick opens below ROAD, when a red circle is above ROAD

For additional indications, you can use line intersection - ROAD line crosses the rising BRIGHT line means a long-term trend.

I recommend using 2 screens when trading based on the indicator: identify trend changes on a higher timeframe, enter the market following the trend on a lower timeframe.

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