Dash made a strong upward movement after the bottom of around 114 and is currently supported by 200 EMA. Our STS_ATR_Level_Indicator shows that since the opening of the Week we are at the lower level of the Weekly ATR (50% from Weekly open), and the STS_ATR_Distance_Indicator shows the price has passed 60% of its Weekly ATR (Average Weekly movement for the last 6 weeks - high / low). STS_RSI_MTF_Indicator shows values of 37 on the Weekly Chart, which means oversold condition. The H1 ZIG ZAG indicator (50 periods) shows a value, which means that we have the lowest price for the last 50 H1 candles.
Based on these arguments, we loaded our STS_Zig_Zag_Bot to open long positions on each H1 candle if it has a ZIG ZAG indicator value. The Bot is set to close all positions on ascending ZIG ZAG (50 periods).
Get your STS_Zig_Zag_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-zig-zag-bot/
Get your STS_ATR_Level_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/atr-level-indicator/
Get your STS_ATR_Distance_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/atr-distance-indicator/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
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