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HEDGING MASTER line indicator It compares the power/strength lines of two user input symbols and create a SMOOTHED line that indicates the degree of deviation of the 2 symbols Strategy#1- FOLLOW THE INDICATOR THICK LINE when CROSSING O LEVEL DOWN --- TRADE ON INDICATOR THICK LINE (TREND FRIENDLY) !! Strategy#2- TRADE INDICATOR PEAKS (Follow indicator Reversal PEAKS Levels)!! you input - the index of calculation ( 10/20/30....)
YOU DON'T HAVE TO SHIFT ON ALL TIME FRAMES FOR EACH CURRENCY PAIR TO CONCLUDE ITS TREND AND ITS POWER YOU HAVE IT ALL IN ONE TABLE , 20 CURRENCY PAIR WITH 5 TIME FRAMES ALSO , COMPARE BETWEEN CURRENCIES STRENGTH AND ALERTS THE STRONGER /WEAKER PAIR BASED ON 5 TIMEFRAMES CALCULATIONS The Power meter currencies table is a very helpful tool to indicate the TREND strength of up to 20 currencies pairs using 5 time frames M5 M30 H1 H4 and D1 ( latest version You SELECT you own 5 timeframes from
A simple Approach to Elliot waves patterns Signal generated on trend continuation when breaking the "5" level or on corrective direction after 1-5 waves detected 1-5 labeled points arrows used for signal UP/DOWN direction Chaotic patterns in Blue are drawn all times until a 1-5 Elliot wave pattern detected 1-5 Red pattern in Bull Market : UP arrow in BULL trend continuation OR DOWN arrow as a reversal DOWN direction as pattern correction 1-5 Green pattern in Bear Market :DOWN
Auto redrawn Pivot support resistance horizontal lines with signal of Buy/Sell possibilities with SL level and with trend support resistance lines too used for all symbols and time frames you can adjust inputs parameters (only 2) and test it on various symbols and time frames input number of bars for calculation and moving average for signal accuracy example : use it on M30 time frame with input 200 for bars count and 100 for MA
:::: It is programmed to work on any M5 Chat windows !! Used to determine the Strongest currency pairs and the Weakest pairs also detect the peak of deviation of currencies strength IT CAN BE USED FOR INDICES AND STOCKS TOO !! Strategy one : It can be used in to BUY Strongest pair and SELL Weakest one Strategy two: It can be used on Daily basis to Hedge BUY Strongest pair with high % (ex: +1%) and BUY Weakest one with % lower(ex: -0.7%) the same with SELL Strategy three: on
Automatic redrawing of Trend Supports and resistances levels and Possible Wedge pattern formation to indicate price breaking of Rising Wedge (signal SELL) or price breaking of falling Wedge (signal BUY) Very simple and smart indicator ALERTS AND MOBILE NOTIFICATIONS availavle !!! you can edit the calculation bars of the bars count for formation of the trend lines and the initial shift from current price Smaller values for bars /shift inputs when using Higher Time frames (D1-H4) and