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SpeedChan

SpeedChan

Leading indicator. Marks in the future two price channels - if the price comes into the channel, then the quote changes with the speed specified in the parameters. In these areas, price reversals are most likely.

Two price channels are displayed - one on top, showing the growth rate; the second one - below, shows the speed of the fall. Channels are displayed as a solid center line and two borders drawn with a dotted line.

In many cases, the area between the channels is not important for trading - you can paint it.

Options

  • PERIOD - the number of last considered bars
  • PERCENT - growth / decline rate for PERIOD
  • COLOR - the color for drawing the indicator. If not specified (clrNONE), the settings from the standard panel will be used.
  • CLOUD - Shading or not the area between the channels.

The default parameters are used for the H1 timeframe. Typical rate of change of major quotes is 0.3% per day: PERIOD = 24, PERCENT = 0.3

SpeedChan properties

When the price arrives in the upward channel, it means that during the PERIOD there are bulls whose profitability is PERCENTS and they can close the position by starting a reversal.

When the price reaches the center line, it means that the open purchases brought the PERCENTS to most of the traders and the probability of a reversal is very high.

Achievement of the price at the end of the channel signals an impulse - all the bulls behind PERIOD make a profit of at least PERCENTS. And a significant part of them will close the position.


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Displays multiple indicators, across multiple timeframes and symbols to give a comprehensive overview of the market. Uniquely, the indicators are configurable and can include custom indicators, even those where you just have the ex4 file or those purchased from Market. Standard indicators can also be selected, the default being ADX, CCI, market price above/below Moving Average (MA), Moving Average Cross (MAX), MACD, Momentum (MOM), OsMA, RSI, Parabolic SAR, William's Percentage Range (WPR). Use
69 USD
OBOS Indicator
Renaud Candel
OBOS Indicator is an exclusive indicator to spot entries based on price action. The OBOS Indicator is both effective and user friendly. Indicator uses simple color codes and levels to indicate Overbought and Oversold conditions. No more headache. The OBOS Indicator will only gives you indication when there are possible entries. Means you only get useful information. To use the indicator, please follow the rules: wait for the indicator to give you an overbought or oversold signal (usually blue an
149 USD
Clever TDI Pro
Carlos Forero
Description: The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns. Here you can access our discord community for more information about our tools and benefits. KEY LINKS:   How to Install   -  Discord Server   –  Frequent Questions  -  All Products  Functions: Finds Market Makers patterns. Finds extremes or exhaustion into the market. Looks for a trend continuation. Content: TDI Indicator Divergence
69 USD
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