Trading Fusion Bars 2
Indicator
3 purchases
Version 1.0, May 2025
Windows, Mac
5.0
Reviews: 1
Since 28/01/2025
7
Sales
362
Free installs
Description
A. Technical Indicators Used
- EMA Fast (50-period) & EMA Slow (200-period)
- Identifies the trend direction (bullish/bearish)
- ATR (14-period)
- Measures market volatility to filter meaningful signals
- RSI (14-period)
- Checks if the market is overbought/oversold
- MACD (26,12,9)
- Confirms momentum strength
B. Visual Elements
- Colored Bars
- Blue = Strong Bullish
- Light Blue = Weak Bullish
- Red = Strong Bearish
- Coral = Weak Bearish
- Gray = No Trend
- Mini Trend Lines (optional)
- Shows high/low of each bar
- Arrows (optional)
- Green Up Arrow = Buy Signal
- Red Down Arrow = Sell Signal
C. Alert Types
- Sound Alert
- Plays a
.wavfile (default:C:\cAlgo\Sounds\alert2.wav) - You can change the file path in settings
- Plays a
- On-Chart Notifications
- Shows text alerts at the top/bottom of the chart
- Email Alerts (optional)
- Sends signals to your email (must configure email in cTrader first)
3. How Signals Are Generated
A BUY signal triggers when:
✅ Price is above both EMA (Fast > Slow)
✅ RSI > 50 (bullish momentum)
✅ MACD histogram > 0
✅ Price jumps up sharply (more than 0.5 x ATR)
A SELL signal triggers when:
✅ Price is below both EMA (Fast < Slow)
✅ RSI < 50 (bearish momentum)
✅ MACD histogram < 0
✅ Price drops sharply (more than 0.5 x ATR)
Summary
AI summary
Trading Fusion Bars 2 is a technical indicator designed to confirm market trends and generate trading signals based on multiple technical tools. It integrates the following indicators:
- Exponential Moving Averages (EMA 50 and EMA 200) to identify trend direction
- Average True Range (ATR 14) to measure market volatility and filter signals
- Relative Strength Index (RSI 14) to detect overbought or oversold conditions
- Moving Average Convergence Divergence (MACD 26,12,9) to confirm momentum strength
Visual elements include color-coded bars representing trend strength (blue shades for bullish, red shades for bearish, gray for no trend), optional mini trend lines showing each bar’s high/low, and optional arrows indicating buy (green up arrow) and sell (red down arrow) signals.
Signal generation criteria:
- Buy signals occur when price is above both EMAs, RSI is above 50, MACD histogram is positive, and price jumps sharply (over 0.5 x ATR).
- Sell signals occur when price is below both EMAs, RSI is below 50, MACD histogram is negative, and price drops sharply (over 0.5 x ATR).
Alert options include sound alerts with customizable .wav files, on-chart text notifications, and optional email alerts (requires email setup in cTrader). This indicator is intended as a trend-confirmation tool, recommending users wait for multiple signals before trading.
- Exponential Moving Averages (EMA 50 and EMA 200) to identify trend direction
- Average True Range (ATR 14) to measure market volatility and filter signals
- Relative Strength Index (RSI 14) to detect overbought or oversold conditions
- Moving Average Convergence Divergence (MACD 26,12,9) to confirm momentum strength
Visual elements include color-coded bars representing trend strength (blue shades for bullish, red shades for bearish, gray for no trend), optional mini trend lines showing each bar’s high/low, and optional arrows indicating buy (green up arrow) and sell (red down arrow) signals.
Signal generation criteria:
- Buy signals occur when price is above both EMAs, RSI is above 50, MACD histogram is positive, and price jumps sharply (over 0.5 x ATR).
- Sell signals occur when price is below both EMAs, RSI is below 50, MACD histogram is negative, and price drops sharply (over 0.5 x ATR).
Alert options include sound alerts with customizable .wav files, on-chart text notifications, and optional email alerts (requires email setup in cTrader). This indicator is intended as a trend-confirmation tool, recommending users wait for multiple signals before trading.
Indicator profile
Customer reviews
5.0
Reviews: 1
5 | 100 % | |
4 | 0 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
Discussion
FAQ
Signal
RSI
ATR
MACD
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.
More from this author
Price
Since 28/01/2025
7
Sales
362
Free installs