The Belkhayate center of gravity indicator is best used to confirm major turning points, and distinguish price extremes. Generally if price reaches the upper or lower levels one should expect a turn around coming soon, or at least a pull back towards the centre line if there is a strong trend. The upper and lower levels are red and green lines.
Our indicator use the same parameters as the well known trader M.Mostafa Belkhayate the inventor of the indicator, allow the use of buffers for...
EA strategy is inspired from a profitable strategy of Mr Rob Hoffman (One of the best traders in the world with multiple prizes on manual trading) .
The EA search for IRB bars (Inventory retracement bar), and place sell pending order or buy pending order according to the trend confirmed by the calculation of a 20 EMA slope degree.
We believe that most of IRB Bar are caused by huge institutions (Hedge funds …), so the idea is to take benefits from their very...