Fiji Trend Indicator

Fiji Trend Indicator

A Fiji Trend strategy indicator that helps identify the market direction. An excellent trend reversal detector.

As you might have already guessed, the Fiji trend indicator is based on the Fiji strategy. However, it also incorporates other tools like the Heiken Ashi. Therefore, you get trading signals without any lagging problems. You can use the indicator to trade currency pairs on any time frame chart.

How to Use the Fiji Trend Indicator to Trade
The indicator uses an 11 ATR and 5 MA to give market signals. You only have to wait for the market crossover direction to determine the market direction. This indicator goes a mile further by using the signal arrow to give you the next possible direction of the market trend.

Buy when the Fiji trend lime green arrow points upwards. The indicator changes color to aqua. You can exit when the indicator points a red arrow pointing downward, a telltale sign of a price reversal.

Sell whether indicators draw red downward pointing arrows. The indicator changes color to yellow. Exit when the lime green arrow faces upwards, an indication of changing market direction to an uptrend.

Fiji Trend Trading Example

The GBPUSD chart illustrates how the indicator works. Essentially, the indicator gives a buy signal when the indicator changes color to aqua. It draws a green arrow at the ideal entry point. Similarly, you should enter a sell signal at the red arrow. The indicator changes color to yellow.

Conclusion
The Fiji trend is an excellent indicator for determining the trend direction. You only need to identify the indicator color. In addition, it posts arrows to give you the trend direction.