Market Flow Tracker
- Indicatori
- Yvan Musatov
- Versione: 1.0
- Attivazioni: 5
The Market Flow Tracker indicator is a professional technical tool designed to visualize local shifts in market momentum. Its algorithm is based on a combination of price extreme filtering via Moving Averages and dynamic Volume analysis.
The indicator identifies specific patterns where price breaks through averaged High/Low levels while being supported by volume confirmation. This helps the trader identify potential moments of short-term trend continuation or exhaustion.
Key Features:
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Volatility-Adjusted Analysis: Utilizes two Moving Averages (applied to High and Low prices) to build a dynamic price channel.
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Volume Confirmation: Signals are filtered by analyzing tick or real volume dynamics (depending on settings and platform capabilities).
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Versatility: Compatible with any financial instrument and any timeframe.
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Non-Repainting: The indicator identifies conditions based on closed bars, providing clear arrow signals on the chart.
Input Parameters:
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AvgPeriod: The averaging period for Moving Average calculations.
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Offset: The horizontal shift of the indicator on the chart.
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Method: MA calculation method (SMA, EMA, SMMA, LWMA).
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AppliedVolumeType (MT5 only): Selects the type of volume to be used (Tick or Real).
Usage Note:
The Market Flow Tracker is intended for use as a supplementary tool within a broader trading system. It is most effective when combined with support/resistance levels, trend analysis, or other technical indicators.