Auto Pilot (limited discount for graduates)

AutoPilot is a signature tool. It was created for the purpose of grasping the current direction for those who do not yet understand technical analysis at all, but it suggests that the flow has changed, so it is a sign in the opposite direction to the position you have. When is lit, it can be used to make a decision to take profit or stop loss.

Unlike vague signs such as line crossings, the letters "BUY" and "SELL" are clearly displayed, making it a tool that makes it easy to make a decision to cut losses.

Basically, if it lights up in the direction of the trend, it is also used for entry, but if it lights up when a large positive or negative line appears, there is a temporary deviation from the short-term moving average line. There is a trick.

In addition, if you are a middle-advanced trader who can understand the approach of highs and lows that can be confirmed on a long-term foot and the end of the Elliott count, you can ride the signs that appear in the opposite direction of the trend in a scene where a change is likely to occur, and hit the nadir. It is also assumed how to capture it.

There is a video that explains how to use it in detail, so if you are interested

Learn from here.

Tradingview's script information about this indicator is here