Current Strength

5

The indicator (Current Strength) is represented in a separate window by Blue and Pink histogram .

  • The parameter NPeriod represents the number of bars on which we calculate the variation of  forces, the recommended value is 5.

The Blue histogram measures the  buyers force, while the Pink  histogram  measures the  sellers force.

  • The change in color signifies the change in strength which leads t he price .
  •  Each  drop (especially below 52.8) after touching levels 96.3 or 1.236 must be condidered a very strong sign of changing direction!

A simple glance at this indicator and in parallel with the price movement gives a very clear impression that it is a tool to predict very early the change of forces acting in the direction of prices.

More details about this system:









Reviews 1
Tukardim
96
Tukardim 2024.07.18 10:26 
 

Very interesting indicator. On higer timeframes highly accurate!. Waiting the update with alarms on levels :)

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Price Action Sniper is designed to trade the Price Action on the desired chart time frame. - Trend Reversals. - Trend Continuation. - Brekaouts. - Good tool for Binary Options Price action forms the basis for all technical analysis of a currency pair, commodity or other asset chart. Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions. Technical analysis as a practice is a derivative of price action since it uses p
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The most important thing in my system of forces, is the variation and changing of these forces. It is the key to the whole system, and from this point, my second indicator called FORCES-VARIATION appeares important. The indicator is represented in a separate window in the form of the green histogram and the red curve . The parameter NPIuPeriod represents the number of bars on which we calculate the variation of buyers forces. The parameter NPIdPeriod represents the number of bars on which we cal
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This  indicator that shows precise price  direction ,and force of this direction,  reversals  ,added  it to any chart and you supress any confusion . It calculs force of current direction and  Predicts price reversals with high degree of accuracy  withs its key levels and it is great for scalping , Or swing trading . For any time frame the following behavor is the same : Blue Histogram above 0.0 means that a buyers dominates price movement In other side , Red Histogram Above 0.0 means sellers d
Levels of Good Frequency
Nacer Kessir
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According to the law of nature which states that everything is a vibration, I have built this measurement model and which detects the best frequencies in the movement of the price, so just adjust the frequency in the input parameter of the candlestick watcher how are they arranged on the level lines (support/resistance). Lists of good frequencies   :   236, 369,417,528, 618,741,963,1236,1484.   You can also search for the frequency that suits your asset! just use the parameter:   frequency
LevelsGoodFrequency
Nacer Kessir
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This indicator is based on a mathematical formula which gives you the possibility to seek and find the right frequency of the movement, and to determine its key level; just adjust the frequency parameter! Simple and highly effective; using this indicator you can easily predict the next support and  resistance    levels of the day. Also, this indicator determines the range and the next two importants levels of the movement outside this range so far. SGFL3 and RGFL3  are levels with high certainty
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Tukardim
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Tukardim 2024.07.18 10:26 
 

Very interesting indicator. On higer timeframes highly accurate!. Waiting the update with alarms on levels :)

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