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Prognosticator

This indicator shows not just a line of the price balance, but also forecasts it for the specified number of bars ahead. That is, the level of the probable balance of the price reflects on the chart in the future. The level of balancing is set by the Balance parameter, that is, it can be drawn at any level. Forecasting the future with the Shift parameter. The indicator reflects information in a visual form. Do not forget that the approach to trading should be comprehensive, to enter the market requires additional information.

Options:
  • Length - The number of bars for calculating the indicator.
  • Balance - The level of balancing.
  • Shift - The number of bars for the forecast into the future.
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Elif Kaya
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Andriy Sydoruk
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