Trend Strength OMA Signals Indicator

Trend Strength OMA Signals Indicator is not only known as a trend signal indicator but also famous as a trend meter. It detects the trend, signals the trade entry, and also signals the exit at the possible end of the respective trend.


Buy Parameters:

- Trend Strength OMA Signals Indicator value is negative signaling the oversold condition

- An upward arrow appears right below a newly formed bullish bar at the bottom of the chart

- Buy triggers at the break of the respective bullish bar’s high

- Set stop loss below the signaling bar’s low

- Exit long/take profit whenever a downward arrow is plotted 


Sell Parameters:

- Trend Strength OMA Signals Indicator value is positive signaling the overbought condition

- A downward arrow appears right above a newly formed bearish bar at the top of the chart

- Sell triggers at the break of the respective bearish bar’s low

- Set stop loss above the signaling bar’s high

- Exit short/take profit whenever an upward arrow is plotted


Download Indicator