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Mood

49 USD

Demo downloaded: 29

Published: 7 April 2017

Current version: 1.1

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Mood

Indicators
Gevorg Hakobyan
Version: 1.1
Updated: 8 April 2020
Activations: 10

This indicator is designed for trend trading and it helps in determining the best entry points. To identify the points, it is necessary to follow the signal line. Once the line crosses the zero level upwards - buy, and when it crosses downwards - sell. In addition to the signal line, the indicator also displays the so-called market "mood" in real time in the form of a histogram. The indicator works on all timeframes and with all instruments. The indicator operation required the Moving Average indicator to be available in the terminal. The indicator is very easy to use, simply follow the signal line. The histograms are intended to confirm the trend. The blue color of the histogram means the formation of an uptrend, red - downtrend. Yellow histogram indicates all kinds of further development of the price, namely, uncertainty. When the green histogram has a positive value, a correlation of the uptrend is currently being formed. And when the green histogram has a negative value - a correlation of the downtrend. In order to determine the trend and correlations, the indicator uses the candlestick analysis, Highs and Lows for the selected period and a proprietary algorithm, identifying probable reversals. The calculations start from the historical High or Low on the current timeframe, and the histogram displays the uncertainty areas prior to that. This makes the indicator more efficient and facilitates the filtering of short-term signals.

Features

Minimization of the false and short-term signals
Does not lag
Does not redraw (after candle closes)
Works in real time
Easy to use

Input Parameter

Period - period, the number of bars/candles for indicator calculations (minimum 2)

It is possible to only trade the signals of the signal line, but it is important to consider the histogram showing the "mood". A buy/sell signal may appear during a prominent correlation on an uptrend/downtrend. In this case, it is recommended to ignore the signal and to wait for confirmation of a reversal (red/blue histogram).

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Three moving averages with three timeframes and High/Low levels on one chart, individual period parameter for each of them. The indicator helps to determine the values of moving averages on the current, the next smaller and the next higher timeframes. The filtered vales are displayed in the top right corner of the chart according to the logic of traffic lights. If a buy or sell sign is green, then a long or short position can be opened in the specified timeframe. If the sign is red, it is time t

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The oscillator shows trend direction using its own algorithm, which is based on calculating price values by analyzing prices of separate currencies (original valuation of currencies). The histogram shows the average value of physical price change over the selected period. When the histogram has a positive value, the trend is rising, if negative - the trend id falling. The indicator uses standard RSI to determine the current market direction on a selected period as follows: the default value of

44 USD

It would be good to always be aware of the "struggle" between buyers and sellers. Then it would be much easier to determine the best direction to go in order not to lose out. This indicator offers an original solution to this problem: the supply and demand values are compared with the High and Low prices for the selected period, thus trying to determine the market movement towards the stronger side without ignoring the strength of the opposite side. All this is displayed in a separate window usi

44 USD

This indicator can determine the current direction of the market and the most probable future direction on the basis of its own algorithms which only analyze the price action. The indicator calculates and displays current buy/sell levels, as well as required buy/sell levels for a balanced movement. The indicator generates buy/sell signals. These signals can be filtered both manual and automatically, and you can also enable both filters. Features fast, convenient, easy working wherever possible

63 USD

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Version 1.1 2020.04.08

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