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Price Rectifier Signals

This indicator provides trading signals based on the polarity of the dynamical parameters of two digital signals. The dynamical parameters (momentum-acceleration) are derived by applying a high quality momentum oscillator, MTEMA LPD ( see Top Gun Oscillators) to two digital signals. The MTEMA momentum oscillator is first applied to the price itself. Then, a rectification procedure is applied to the price based on the signals from the momentum oscillator yielding a rectified price signal. This switching procedure is very similar to the process of calculating the performance based on alternating buy and sell signals. Then the MTEMA LPD is applied to the rectified price. The idea is this: We want to filter the price momentum trading signals by using only those we expect to increase the performance - based on its dynamics- while discarding those that reduce the performance.

Screenshots 1  and 2 show the rectified price and the price momentum signals used to calculate them in each of the two possible cases based on the input "Rectification_Source". 

There are a total of eighteen unique combinations of dynamical paremeters based on polarity that can be use to derive trading signals. With additional options including the input price and changing the periods of the MTEMA LPD's . Strategy testing is critical to select the best performing signals for the pair and time-frame.  Some of these are plotted in the screenshots that follow.

The first buffer of the indicator (not plotted) is a trading signal. +10 for going long, and -10 for going short, or zero for exiting trades. This signal is accessed by using the iCustom function call.




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CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Indicators
Currently 20% OFF ! This dashboard is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:   Advanced Supply Demand ). The dashboard gives a great overview. It shows: Filtered Supply and Demand values including zone strength rating, Pips distances to/and within zones, It highlights nested zones, It gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your personal
Graf Mason
Alexandr Lapin
5 (5)
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Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
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