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Volume Spread divergence

When the current candle is smaller than the previous candle but its volume is greater than the previous one, it means that the market maker is blocking the trend, means that it is in the process of (buying or selling). So when the price closes above that candle, we buy and if it closes below that candle we sell as well.

Note that this candle becomes a strong zone as resistance or support.

The indicator draws two lines on the divergence spread volume candle, you have to wait for the price to close on or below the line to open a trade after the pull back.
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This indicator scans for you up to 30 trading instruments and up to 8 timeframes for occurrences of the high probability reversal patterns: Double Tops/Bottoms with fake breakouts . Please read also the blog post " Professional Trading With Double Tops/Bottoms And Divergences! " which explains the concepts behind the ULTIMATE Double Top/Bottom indicator and how you can use a professional top-down approach. You can get alerts via MetaTrader 4, email and push notifications at the moment when a sig
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Naked Forex Kangaroo Tail
Naked Forex Kangaroo Tail
Renaud Candel
Kangaroo Tail Indicator is a pattern recognition indicator for Forex, Stocks, Indices, Commodities, Metals, Cryptos. The Kangaroo Tail is a simple and very effective pattern to trade. The strategy that comes with the Kangaroo Tail is purely based on price action. Inputs of the indicator are : Distance: distance in pixel relative to top or bottom of candle to display the arrow symbol MaxBars: number of bars back used to calculate the indicator TradeDirection (Long/Short/LongAndShort): filter sign
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Three Moving Average Multi Time Frame
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