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Primus Smart Money

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
Please share your comments, ratings & reviews
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Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market Main Chart Features Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is l
Prometheus Trade Engine is an indicator that combines price action, ratio based indicator with custom indicators& other lagging indicators to create this leading indicator that has a multi-timeframe approach to trading so that you are able to see what other timeframes are doing all in one chart and give you high probability trade setups to assist you to make a prediction on what is MOST likely to happen in the market going foward Chart Features 1. Reversal Zone It is the rectangular box on
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adnanadnan
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adnanadnan 2021.04.10 14:07 
 

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Version 1.7 2020.03.06
Minor changes to bar calculations
Version 1.6 2019.12.17
Changes to bar calculations
Version 1.5 2019.09.19
Minor improvements to bar calculations
Version 1.4 2019.09.06
Improvements to cluster readings
Version 1.3 2019.07.03
Improvement in volume visuals on the right side for easy readings of bulls and bears
Version 1.2 2019.06.21
Improvements in bar calculations
Version 1.1 2019.01.24
Pop Up Screen Cross Over Alert Signal With Price