EP ELEPHANT indicator is made up of several averages, which when moving form figures similar to elephant heads that appear one after another.
The first pair of averages, the fast averages, follow the price movement more accurately. The space between them is painted red when the stockings are falling, and yellow or green when they are rising.



The best entry opportunities usually occur in what we call the “tusk” of the elephant, yellow: short ascending averages with the fastest average above the other.

Once an upward trend is established, we will see how the slow pair stands above the fast one. We will take advantage of the twists in the stockings to join that trend.

EP ELEPHANT presents several typical patterns that can be used to take positions in the market: Typical Elephant, Bullish Elephant, Reversal Crossover... They are easy to recognize and very effective patterns. Pay close attention to the Reversal Cross pattern.