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Indicator for scalping and intraday trading. The indicator is developed based on vertical and cluster volumes (delta buy and sell). It works only with instruments with market data. Developed for the e-mini S & P500 futures. The working time frame is 1 minute.
It is NOT for the FOREX market!
The indicator shows on the chart the price for opening a trade and the direction of the trade (buy or sell). The indicator also shows the cancellation of the transaction. A green tint is a purchase. Red tint - sale. Trades are from 5 ticks or more.
The indicator makes sound alerts:
1.Soon there will be a signal for a trade (in 1-3 minutes)
2. There was a signal for a trade.
3. Cancellation of the transaction.
The vertical volumes for signals must be configured when trading at each session (Asian, European or American).
Standard settings for vertical volumes:
Maximum volume 700
Minimum volume 500
Maximum volume 1500
Minimum volume 1000
Maximum volume 10000
Minimum volume 7000
The volumes can be adjusted independently. For the minimum volume, you need to take the usual values, for the maximum volume, you need to take values twice as large.
Indicator trading rules:
Stop loss is always placed behind the previous candle. For a long trade, the stop loss is placed one tick below the minimum of the previous candle. For a short trade, the stop loss is placed one tick above the maximum of the previous candle. Comfortable stop loss 8-10 ticks. Comfortable take profit 5-10 ticks.
If the size of the previous candle is larger than your stop loss, the trade must be canceled.
If for some reason we did not manage to open a deal at the specified price (+/- 1 tick) and the futures price went down to the size of the planned take profit, we do not make a trade.
Important! Do not trade 30 minutes before the opening of the American session and 15-30 minutes after the opening!
2. A filter for the Stop-loss size is made for all signals. Large candles are excluded.
3. The speed of the indicator has been increased.