WHAT TYPE OF MARKET TO USE? ATFM indicator focus mainly on very short term trades specifically for 5min expiry. You can use this indicator in any type of market as long as theres 5 min expiry option available. HOW IT WORKS? ATFM indicator uses a combination of moving averages and trend analysis to trigger a BUY (blue arrow pointing up) or a SELL (red arrow...
Hello Everyone This will work on all time frames but the higher the better. Start with the 30 Minute and 1hr to find what suits your trade style the best. Starting at the top and working our way down snapshot The top Line can change from white to red to show you if the RSI is over brought on the current time frame The next line will change from White Gold and...
This indicator shows volume on negative candles as negative
Axe and Shield measures the distance between the selected Moving Average (T3, EMA, SMA) or Volume Weighted Average Price (VWAP) and high or low of the current bar. It remembers the highest distance over the selected period of time. It will use a candle's high if the price is above the level. It will use a candle's low if the price is below it. Distance is...
Volume spread analysis is basically a tool to discover the correlation of price in relation to volume , in order to determine the short-term outcome of price action, in other words, where the market might be moving next. I have developed this indicator called VSA. It tracks smart money activity and suggests the potential direction of the market. This indicator...
On Balance Volume Indicator This is a support indicator to the Main Indicator which has also been published. This indicator is from the basis of user Everget and a friend of mine on another site. This indicator has used a smoothing function in an attempt to provide more robust signals. In this indicator the user is looking for: Long trade: Upward sloping...
This indicator used for detect banker/institutional and retailer Green is locked chips (Retailer) Yellow is floating chips (Hot money) Red is profitable chips (Banker/Institutional) With 10 days Banker moving average in purple line When the Purple line hit the Red bar it mean Banker is starting the upside trend should buy But if the Purple line is above the Red...
M4x is a combination of RSI and Fibonacci components, set up with fixed values, so no worries about "original" settings... Recommendet Bot settings: - use one short and one long bot - take profit 0.5% - 6 simul trades - 3 security orders, VolScale 1.5, StepScale 1.4 - Deviation 0.35% - cooldown 780sec Alerts: - aproved Buy - aproved Sell - heartbeat (..check if...
Plots the CBOE Put Call Ratio and marks up locations of extremities. Useful as a factor of confluence in identifying extremities in the market.
As promised, here is Rain On Me Indicator V2! As the name suggests, this indicator will rain money down on you. More seriously, Rain On Me V2 is a complete overhaul of the V1. For those who are new to this indicator or for those who already knew it, here is a complete description of this indicator. This indicator contains: -Fully configurable multi-timeframe buy...
Description The Volume Flow Indicator (VFI) was originally introduced by Markos Katsanos in June 2004 in the article Technical Analysis of STOCKS & COMMODITIES . The VFI is based on the popular On Balance Volume (OBV) but with three very important modifications: Unlike the OBV, indicator values are no longer meaningless. Positive readings are bullish and...
Calculates current daily range as a percentage of past 20 ADRs.
Exponential Volume Weighted Average Price and Deviations. Selectable intervals (daily/weekly/monthly/yearly vwap). Options to change deviation multipliers and display interval closing values for the previous interval. Uses volume weighted EMA for the interval as the basis/vwap & exponential deviations calculated using the exponential vwap as the mean.
TCT Candle Pro Detail Explanation: 1. Red Candle - Indicate that the market share is in a bearish trend and sell signal is triggered. It is when the price breaks certain support(referring to channel indicator) then the candle will turn to red. 2. Green Candle - Indicate that the market share is in a bullish trend and buy signal is triggered but still needs...
MCDX Pro Detail Explanation: This indicator shows the status of operators and how the bankers shake out the locked chips. Green Bar - Locked Chips Yellow Bar - Floating Chips Red Bar - Profitable Chips How to use the indicators? There are two bars that need to be focused on this indicator which is the Green Bar and Red Bar. Green Bar means the market...
This script will alert you on squeezes based on price action & relative volume.
Day_Tracker_Super Indicator shows overall trend or market direction for Intraday / Swing Position along with Buy or sell signal. Terminology Use ==> B- Buy, S- Sale Signal, and Numbers are to show time frame indication there is presence of buyer or seller like B1 for buy signal on 1 minute time frame etc. Display and Interpretation ==> Buy Sale Signal in B/S ,...
The height represents total volume, the ratio of red to green represents the bullish/bearish volume. AKA buyers or sellers.