Vilarso PRO Manual
Vilarso PRO is a trend indicator that will suit both beginners and experienced traders. It combines the most popular tools for analyzing the asset price.
Adding an indicator to a chart
It is a handy tool that can give long and short signals, display price levels depending on the timeframe, indicate the price channel and shows 5 Movung Average lines, the period of which can be changed in the settings.
In short, this indicator contains all the most popular simple basic indicators, it was made for convenience and to save traders' time.
Briefly on how to trade
- Trading on long and short signals. The main long signals are indicated by a green triangle, the main short signals - by a red triangle (orange and blue triangle - the point of possible change of the local trend). When a signal appears, we wait for the candle to close, if the signal remains on the chart - it is considered valid and you can enter the transaction. The indicator does not specify Stoploss and Take Profit (unlike our other products), so they should be set strictly in accordance with your own strategy. Stoploss is mandatory!
The sensitivity of signals can be adjusted using the "Activity" and "Volatility" parameters. Personally, we use only the "Activity" parameter. The larger the parameter, the less signals, but they are more reliable.
To enable the display of price levels - in the indicator settings you need to add the letter "e" before the word "whale". The range of levels is selected in the column below.
- Trading from the borders and median of the channel. The classic of technical trading. Long from the lower boundaries with a short stop, short from the upper boundaries with a short stop. When the median is broken, trades can be opened in the direction of the breakdown with a short stop.
If you have any questions about how to use it: https://t.me/MaxAlgoAdmin
Purchase a subscription and learn more about the project: https://t.me/maxalgo_bot
Our website: https://maxxalgo.com/