Nesimeye Oswald / Profilo
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Note : The slow loading of the indicator issue has been addressed . This new version loads fast and does not slow the platform. Version 1.3 : We have updated the indicator to include an historical bar scanning option . So instead of scanning all bars in the history (which can make the indicator slow sometimes ) , you can select the maximum number of bars it can scan which can increase the performance and make the indicator faster. This indicator scans the 1-3 Trendline pattern . The indicator
YOU CAN NOW DOWNLOAD FREE VERSIONS OF OUR PAID INDICATORS . IT'S OUR WAY OF GIVING BACK TO THE COMMUNITY ! >>> GO HERE TO DOWNLOAD Most of the time, market reversals / pull backs usually follow volume and price spikes thus these spikes could be the first indication of an exhaustion and possible reversal/pullback. High volume Turns is an indicator that scans the market for price and volume spikes around over-bought/over-sold market conditions. These spikes when spotted
Volume always precedes price. Supply and Demand in forex is best defined by trade volumes and trends are formed by supply and demand. Thus if you want to see the move before it happens, take your eyes from the price and look at the volume. Volume Strength 28 is a currency meter that is different from any you’ve come across. Typical currency meters found in the forex markets/community uses price as bases of their analysis however this currency meter uses volume as the bases of its analysis
TRADE RULES
BUY Entry: Enter Buy signal on Buy arrow and Currency strength> 3.0 and RSI (14) <65 or ADX (14) <30
Buy Exit: Use stop loss = 2 * ATR, Take Profit = 2 * ATR, Move Take Profit to nearest support , Partial Close = 1 ATR (Move Stop Loss To 1 ATR on partial Close), Exit profitable trade if RSI (2) <40 or Currency Strength <1.5
Sell Entry: Enter Sell signal on Sell Arrow and Currency strength 35 or ADX (14) 60 or Currency Strength>-1.5
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