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The FanSimple displays the correctness of reversal of the moving averages fan on different timeframes. The indicator includes four moving averages with the values 5, 21, 55, 233, that are displayed on the chart.
Through the use of more sophisticated smoothing algorithms this RSI has less delay and smoother shape of the curve.
Indicator based on the data of multiple RSI, Bollinger, MAverage. Beautifully displays the areas for buying and selling. Recoups 30-90 points, depending on the currency.
The DJ Lines belongs to the Pivot group. All similar indicators operate on the principle - «Based on the values of the previous day (days) it is possible to calculate a point, passing which would mean a change in the trend».
The indicator is based on comparison of the current price to six simple moving averages with the periods 10, 20, 30, 40, 50 and 60. The values of the indicator are fixed: -100, -66, -33, 0, 33, 66, 100.
The idea of the indicator is to select each currency from currency pairs separately. The currencies are measured in relative units (points). The sum of all currencies at any given time is equal to zero.
The "Camarilla Pivots" indicator. The ideal indicator for those who like to work "by levels". It clearly shows the reversal level, support/resistance levels for the current day.
As I recall, this indicator had been written by OlegVS for МТ3, for determining the flat. If the price is inside the dotted channel - flat. And MaksiGen redesigned it for МТ4.
Directional system (ADX). The directional system has been created by George Wilder in the middle of the 70s as an addition to the PARABOLIC SAR system, and then further developed by a number of analysts.