Indicator
RSI
ATR
Signal
MACD
Trading Fusion Bars 2
"Trading Fusion Bars 2" logo
03/09/2025
1
Desktop
Since 28/01/2025
Sales
3
Free installs
113
"Trading Fusion Bars 2" uploaded image


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

  1. Sound Alert
    • Plays a .wav file (default: C:\cAlgo\Sounds\alert2.wav)
    • You can change the file path in settings
  2. On-Chart Notifications
    • Shows text alerts at the top/bottom of the chart
  3. Email Alerts (optional)
    • Sends signals to your email (must configure email in cTrader first)

3. How Signals Are Generated

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)

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)


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