This indicator is a filter of trend based on certain calculation functions. Manual This indicator is composed of two curves: The red curve follows the trend of the bearish trend, the green curve follows the trend of the uptrend. It is sufficient to observe the trend of these two curves, their relative positions and their sign (positive or negative). Parameter NPIdPeriod: The only parameter NPIdPeriod represents the number of bars on which are needed to calculate the variation of these two values
Price Band forms a static or dynamic channel around the price and follows the movement by giving two values (frontiers). The price should not stay above the red curve or below green (blue) curve without "Correct position by returning between the two curves", but if the horizontal distance between those two curves decreases, that means the price is in a strong uptrend (strong downtrend). Horizontal trend: when the distance between the blue and the red curves is maximal, the price move between
This indicator appears similar to the famous indicators (camarilla and weekly pivot), the similarity is limited to the existence of a pivot line and support and resistance levels around it, but this indicator calculates these levels differently, you can notice that the distance between the pivot line and the resistance level is different than the distance between the pivot line and support levels in this indicator the first rule is that the price is expected where the distance is greater. At the
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
This indicator is a "Scales" between the two forces that acting on the price. It simultaneously measures the relative force of buyers represented by the blue histogram and the relative force of sellers represented by the pink histogram. So at each moment you can see, which force is dominant on the price movement allowing you to follow the "good side". One most important thing about this indicator is that its behavior is close to the golden levels (0.618 , 1.618 , 2.618...). Equilibrium (between