PZ Absolute Gains
- Indicadores
- PZ TRADING SLU
- Versão: 3.0
- Atualizado: 10 agosto 2019
- Ativações: 20
This indicator calculates how much has an instrument won or lost in percentage terms on each bar displayed in the chart.
[ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]
- Identify market patterns
- Find decisive price movements
- Be suspicious about overbought/oversold situations
It is an extremely easy to use indicator...
- The blue histogram represents winning bars
- The red histogram represents losing bars
- The gray line represents the average win/loss per bar
- Labels are plotted on each bar displaying the % win/loss for the bar
...with straightforward trading implications, depending your trading approach.
- You can buy after an oversold bar takes place
- You can short after an overbought bar takes place
- You can buy after a decisive winning bar
- You can short after a decisive losing bar
Input Parameters
- Max History Bars: Number of bars to evaluate when the indicator is loaded
- MA Period: Averaging period to calculate the average price movement in the oscillator
Author
Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.
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