This oscillator measures a strength of momentum. About the indicator: Unlike the classic momentum indicator, which only measures the distance between two points, this one has a more sophisticated calculation system to better show the reality of the markets. This is reached by including the distance between the highest and lowest point over certain period and...
This indicator is a trend filter based on fibonacci retracement levels How to read: - There are three filled zones --> red, yellow and green - If the price is inside of red zone, there is a downtrend on the market - If the price is inside the yellow zone, there is a sideways trend on the market - If the price is inside the green zone, there is a uptrend on the...
This indicator was designed for finding good entries for scalping the market How does it work: - It works on a basis of price running out of its bands and its return - Once the price is out of bands, the system starts scanning for two patterns --> sudden price reversion and losing of momentum. - If any of these patterns occur, the indicator waits for a...
This indicator is a correlation based trend classifier. How does it work: - The software measures a correlation between 3 moving averages and the price. - If there is a significant correlation and the price is moving upwards, the Moving average displayed on the chart is going to be green and if it is moving downwards, it is going to be red. And, if the...
The MasterReversion Indicator works as a scanner for possible price reversals. How does it work?: The main feature of this indicator is finding extreme price deviations from its mean. This is reached by calculating the average price deviation from its mean and then comparing it with the current price deviation. This deviation is expressed as a percentage in...
This indicator serves a purpose of a trend recognizer. It is able to tell you whether the market is bullish, bearish or if the price goes sideways. Process of determining the trend: - The indicator uses 3 moving averages to determine the trend - For each of these averages, there is calculated value change over a certain period. So, if the value of Moving...