Even though I haven't been trading in the markets due to other life issues that have taken priority, I have been working a bit on some of the updates for the Logical Trading Indicator. Version 1.2.2 is now live.

This update comes with a few awesome changes! First change is the color of the Bollinger bands, making it a more neutral color by default but still giving you the option to change the color. That option is now in the main settings along with the option to turn the bands on and off, but keeping the basis line.

The take profit points and alerts still work even if the bands are turned off. This is just a visual option.

The other big change is the addition of 2 new alerts, the Golden Cross and The Death Cross alerts. A Golden Cross alert is when the short term moving average, or in this case, the basis line crosses over the long period moving average. The Death Cross is when the basis line crosses below the long period moving average. These crosses help establish trend and can be extremely useful alerts for traders.

This version of the Logical Trading Indicator is now available for those who have purchased the code or have purchased the NFT on NFTShowroom and have used the coupon code that is included in the unlockable text!

These updates are setting up for bigger updates that I am working on in a different version, which will end up being the version 2.0.

Version 1.5 is coming soon and will most likely split the indicator into 2 different indicators entirely. The main differences will be the default settings for the indicator. After a ton of backtesting and some outside feedback, I am working on a scalper version and a swing trader version of the indicator which gives different defaults for the different timeframes. This update will be coming shortly after my move as I am running out of time to work on it until then.

Get your copy of the indicator now! Version 1.2.2 is now live!

https://logicaltrading.gumroad.com/l/logicaltradingindicator

or pick up the NFT on NFTShowroom

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