Shows the tick chart in a separate window, with Ask line. The three additional variations plot the Median, Typical and Weighted candle prices aswell.
The price lines can be used for support/resistance and to gauge the direction of movement, also for trading signals when the Bid line (red) crosses or bounces off them, as pictured below.
Median = High + Low /2
Typical = High + Low + Close / 3
Weighted = High + Low + Close + Close / 4
All four indicators shown in window...
FX Tools release : Levels RMS - Professional background Risk management system for manual or automated trading. - www.fxtools.info
The On Balance True Range Indicator is essentially based on the On Balance Volume indicator but uses the Average True Range Period 1 instead of Volume.AlertLine
The indicator shows a messsage then the price crosses the lines, titled the "Support" and "Rezistans" on the chart.
An indicator based on Lows and Highs of last 16 candles + RSI reading. Describes trend as Flat, Trending Up, Breaking Out Upwards, Trending Down, Breaking Out Downwards.Tool to auto-Insert Take-Profit & Stop-Loss limits.
A tool to auto insert preset Take-Profit and Stop-Loss limits when an order is executed. Specially when doing scalping manually where you need quick setting of stop limits.