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Intermarket Take Profit Indicator for EURUSD

5

This is the original, simpler version of our core EURUSD algorithm (it calculates and displays 2 lines rather than 3), but it is still capable of detecting levels in the market where EURUSD will likely move to. These levels are indicated by unusual large gaps, formed by the two lines.


Detailed guidance is given to users.  All in all it works on the very short term,  and more importantly on the daily chart.



The differences between this and our top EURUSD indicator, is that this one only displays 2 lines, instead of 3, doesn't have other types of signals and alerts, and only focused on caulating one bar worth of data at a time, yet it works wonders from time to time, several times a year.





Reviews 1
dcherry
1456
dcherry 2018.12.03 20:31 
 

Best indicator on the market!

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Caution!   This indicator is mainly for investors and medium term traders,  Day-trading is not possible! This is because correlation is a medium to long term thing.   Ideal use of this indicator is for currency Option sellers, where they can deploy sure fire profiable Option selling over few days to several weeks out. We provide further advice on this plus an optional hedge strategy idea and indicator on long time rentals*. This indicator keeps performing very well,  in all market conditions,
For the new traders of this strategy please remember the convention: FORWARD trade =  BUY AUDUSD and SELL NZDUSD at equal lot size REVERSE trade = SELL AUDUSD and BUY NZDUSD at equal lot size Risk is mittigated by the opposing nature of the trades, one tends to offset the other almost 70% of the time,  and for when this is not the case we rely on the indicators accordingly - no stops are used in correlation hedge! This is an enhanced oscillator like analysis of the relationship betw
This is a correlation hedge type indicator which helps trade the obscure relationship between crude oil and natural gas markets. Which is overall an unknown trading concept to most traders, yet a very impressive one. The usual market risk is mittigated through the smooth trend of hedge tading, as well as the leading signals the indicator provides! Pros: low risk trading, normal profits, no need to be right about either market Cons:  requires large capital ----------------------------------
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dcherry
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dcherry 2018.12.03 20:31 
 

Best indicator on the market!

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Version 3.0 2022.08.19
Compatible with all brokers
Version 2.0 2018.12.03
This version is for TradersWay ECN clients where market symbols have an 'i' suffix.