Market / MetaTrader 4 / Indicators /

Primus Smart Money

39 USD

Demo downloaded: 102

Published: 21 August 2018

Current version: 1.7

Primus Smart Money

Indicators
Philip Muga
Philip Muga
Kenya

1550
5 (1)
6 products 11 comments
Version: 1.7
Updated: 6 March 2020
Activations: 5

Primus Smart Money is an indicator that shows the average of bulls and bears on an asset. Used as a confirmation indicator for bullish and bearish control to assist in predicting future price moves

Advantages

Used in ALL financial markets including binary options on ALL asset classes or instruments.
To be used as a confirmation tool with other indicators

Parameters

Period - default set to 9 (Recommended)

Entry requirements

Focus on the clusters on the indicator - the height or depth of the bars and the number of bars in that cluster
The recent clusters is compared to the previous clusters of bulls[green] & bears[red] to determine who is in control of the market
When the clusters of smart average bulls & bears are in confluence with another indicator be it harmonic patterns, ichimoku, moving averages, fibonacci, bollinger bands, support resistance structure and any other custom indicator in your trading arsenal then you are looking at a high probability potential trade
Entry should only be taken close to a key level - either after a breach of that key level or a bounce off that key level as shown on the charts with the primus smart money cluster moving from bullish to bearish for a short move and vice versa

Recommendations

To be used as a confirmation tool with other indicators
Back test on simulator FIRST then forward test on DEMO for at least 1 MONTH

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Primus Smart Money

Philip Muga