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Cycle Trade Pro Tick Momentum

30 USD

Demo downloaded: 15

Published: 21 April 2019

Current version: 1.0

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Cycle Trade Pro Tick Momentum

Indicators
Jerome Bressert
Jerome Bressert
President at Cycle Trader Pro

United States

2942
2.8 (5)
- https://www.CycleTraderPro.com
Welcome to CycleTRADER (CT) products and services – At CT, we are always looking for an advantage in trading the markets and share these ideas with our customers. Our latest proven concepts come from our Volume Difference Indicators and how we plot these differences.

6 products
Version: 1.0
Activations: 5

The CycleTraderPro Tick Momentum measures the number of ticks the market moves in the direction of consecutive closes.

When the market makes a close above its over, it will start to count in the direction how many ticks it moved.

If the next bar is in the moves and closes in the same direction, the Tick Momentum will continue to count up until the market closes below it's open. It will then start to count down in that direction.

You can see these moves in a detrend fashion with the zero point being plus or negative.

We plot each bar in red for down and blue for up.

We then plot a solid white line for the total number of ticks each move made.

Inputs:

1 - Show the moving average on or off

2 - The length of the moving average defaulted to 10

When the market is at extremes you can thinking about taking profits or entering into positions. You will find the market typically goes x ticks and reverses

The moving average is another plotted line that smooth out the tick range.

Try a demo and see how it works.

more...

Screenshot #1 Cycle Trade Pro Tick Momentum

Screenshot #2 Cycle Trade Pro Tick Momentum

Screenshot #3 Cycle Trade Pro Tick Momentum

IMPORTANT – THIS IS NOT A STANDALONE INDICATOR This tool does NOT manage Stop Loss or Take Profit by itself and does NOT execute any trading logic independently. It is designed exclusively to work in combination with One Click B3 MT4 Expert Advisor. Without One Click B3 MT4 running on the same symbol, this indicator will only display the button and will NOT control SL/TP functionality. If you do not own or use One Click B3 MT4, this product will not provide any trading functionality. B SL_TP MT

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