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Fair Value

The indicator shows the FAIR VALUE price and gives target levels to trade. You can trade both - trend and range. The different time frames show very similar results hence the indicator can be considered non-timeframe dependant.

The indicator calculates automatically:

  • Fair value level
  • Correction channel
  • Distance in pips from the fair value to the correction channel boundaries
  • Sine wave that starts from the first fair value level candle and expands over time showing the expected maximum levels of adjustment expansion before a breakout.

A break of the sine wave is followed by a directional move. If there is no breakout this can be seen as support/resistance. In the indicator you need to enter the date and time of the high or low that precedes the correction. There is also an AUTO MODE for the last 120 candles. You can change this number as you choose. There are also additional options to change the sine:

  • Step
  • Expansion
  • Points
  • Size
  • Timeshift
  • Slope

Intuitive Yet User-Dependent

The effectiveness relies on correct user configuration. Inaccurate settings can impact the precision of its analysis. It's essential for users to thoroughly understand market correction phase to maximize its performance. This comprehension will lead to effective action.

Fascinating pro tool.


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5 (1)
2 SNAKES  is a first class scalping system. As the entries are quite precise, you are likely to become addicted to this system very quickly.  You have 2 snakes. When you see a candle above or below them that does not touch them - that is your scalping signal. Then buy or sell at the green line or close. If you use a larger time frame, scalping can become trend following. The snakes are calculated precisely in relation to the current state of the market. They ARE NOT moving averages.  You dec
In the trading world, a trend that follows a 45-degree angle is considered sustainable.  However, accurately measuring this critical angle remains a challenge as there is no clear method described. Traders can only guess how it is calculated, how many candle counts there should be, and what the appropriate chart zoom is. We have solved this problem and defined all the conditions logically, and now presenting you Trend Angle 45. It is a tool that visualizes the 45-degree trend line based on a
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Version 1.1 2024.06.06
- Target levels added