Wall of worry

Description:

The Wall of Worry indicator allows you to assess market sentiment and possible reversals. The indicator represents three lines that are displayed in a separate window.

Black line (trend) - the amount of volumes in the candle body.

Red line (bears) - the amount of volumes in the upper shadow of the candlestick.

Blue line (bulls) - the amount of volumes in the lower shadow of the candle.

The idea is based on "Wall of Worry" - this is the periodic tendency of financial markets to overcome many negative factors and continue to grow.

The indicator is calculated based on tick volumes in the terminal. Then they are converted into horizontal volumes, then the lines themselves are calculated.

Input parameters:

Display_Bars = 500 - the number of displayed bars (at 0, all are displayed, but not always because it depends on the depth of history).
MAPeriod = 10 - period for calculating the moving average
Accuracy = 20 - calculation accuracy. The higher, the more accurate, but at the same time the load on the processor increases.

It can be used to determine:

- trend direction;

- identification of potential reversal points;

- the prevalence of market sentiment.


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Actualmente 40% OFF ! A melhor solução para qualquer novato ou comerciante especializado! Este software de painel de instrumentos está a funcionar em 28 pares de moedas. É baseado em 2 dos nossos principais indicadores (Advanced Currency Strength 28 e Advanced Currency Impulse). Dá uma grande visão geral de todo o mercado Forex. Mostra valores avançados de força da moeda, velocidade de movimento da moeda e sinais para 28 pares de divisas em todos os (9) períodos de tempo. Imagine como a sua n
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O Apollo SR Master é um indicador de Suporte/Resistência com recursos especiais que tornam a negociação com zonas de Suporte/Resistência mais fácil e confiável. O indicador calcula as zonas de Suporte/Resistência em tempo real, sem qualquer atraso, detectando topos e fundos de preço locais. Em seguida, para confirmar a área de Suporte/Resistência recém-formada, o indicador exibe um sinal especial que indica que a zona pode ser considerada e usada como um sinal de VENDA ou COMPRA. Nesse caso, a f
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