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Prometheus Smart Money

Prometheus Smart Money is an indicator that combines both price & volume with calculations based on other custom indicators, smart volume and retail volume to create this leading indicator that gives you high probability moves to help you make a decision on what is MOST likely to happen in the market going forward

Advantages

  • You can use it in ALL financial markets including binary options on ALL asset classes or instruments.
  • You can use it as a stand alone indicator or as a confirmation tool with other indicators

Parameters

  • Smart Volume Period - recommended period for accurate calculations is 10 or 20
  • Retail Volume Period - set number of bars back to calculate retail volume default bars is set to 100
  • Probability Alert - set probability screen alert on high probability potential trade setup which is ONLY triggered when smart volume, retail volume and high probability % are in confluence

Probability key

  • 0% - 30% - low probability
  • 30% - 60% - average probability
  • 60% - 80% - high probability
  • 80% - 90% - possible reversal
  • 90% - 100% - strong trend

Entry requirements

  • Focus on is the clusters on the indicator - the height of the bars and the number of bars in that cluster
  • The recent clusters is compared to the previous clusters of bulls[blue] & bears[red] to determine who is in control of the market
  • When the clusters of smart volume, retail volume & %probability are in confluence then you are looking at a high probability potential trade
  • Entry should only be taken close to a key level - either after a breach of that key level or a bounce off that key level as shown on the charts it all depends on your strategy

Recommendations

  • Back test on simulator FIRST then forward test on DEMO for at least 1 MONTH

Please share your comments, ratings & reviews

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Effortless trading: non-repainting indicator for accurate price reversals Special Offer: Purchase now to receive free bonuses worth $90! (Read more for details) This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Upd
ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
Quantum Breakout Indicator PRO
Bogdan Ion Puscasu
4.96 (25)
Présentation       Quantum Breakout PRO   , l'indicateur révolutionnaire MQL5 qui transforme la façon dont vous négociez les zones d'évasion ! Développé par une équipe de traders expérimentés avec une expérience de trading de plus de 13 ans,   Quantum Breakout PRO   est conçu pour propulser votre parcours de trading vers de nouveaux sommets grâce à sa stratégie de zone de discussion innovante et dynamique. Quantum Breakout Indicator vous donnera des flèches de signalisation sur les zones d
Reversal Sniper is designed to find the extreme reversals of the price. Indicator collects data of Cycle Sniper Indicator. NOTE: REVERSAL SNIPER Indicator is made for Cycle Sniper Users as an additional tool.  However, it can be used by the traders who look for finding out strong reversal levels. Indicator works on all timeframes and all instruments. Reversal  Sniper  Checks: Harmonic Patterns RSI Zig Zag and Harmonic Swings Cycle Sniper Indicator's Buy / Sell Signals The complex algo i
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Centaurus Trend Engine is an indicator that uses custom indicators to give the current momentum moves of the market with a multi-timeframe approach to trading Features Value Area -It is the (red/green) rectangular box on your chart based on the dynamic structure period set;Green to indicate you focus on LONG moves & Red for SHORT moves Analysis - Displays The Market Analysis Strength - Displays The Market Strength Trend - Displays The Market Trend Entry State - Displays the BEST entry time for t
Primus Smart Money is an indicator that shows the average of bulls and bears on an asset. Used as a confirmation indicator for bullish and bearish control to assist in predicting future price moves Advantages Used in ALL financial markets including binary options on ALL asset classes or instruments. To be used as a confirmation tool with other indicators Parameters Period - default set to 9 (Recommended) Entry requirements Focus on the clusters on the indicator - the height or depth of the bars
Primus Trading Engine is a trading system that combines price action,ratio based indicators & custom indicators to create this leading indicator with a multi-timeframe approach to give you high probability trade setups for forex,CFD cash/futures,metals & binary option to assist in making predictions on what is MOST likely to happen in the market Main Chart Features Price Action Signal-Arrow displayed on a specific bar;NOT buy/sell arrow;DOES NOT repaint;Bullish arrow on a bullish bar,price is l
Namiri Trade Engine is an ALL in ONE trading system that combines market structure, volume pressure, market condition & risk management to give you the BEST opportunities for A+ trade setups with auto lot size WAIT FOR YOUR A+ SETUP || ONLY TAKE YOUR A+ TRADE || RINSE REPEAT YOUR A+ MOVE Chart Features Panel - Shows the asset, market, price, pip, account, trade & profit|loss information Structure - Shows areas of support & resistance Risk Management - Shows risk analysis period of 100 bars
Prometheus Trade Engine is an indicator that combines price action, ratio based indicator with custom indicators& other lagging indicators to create this leading indicator that has a multi-timeframe approach to trading so that you are able to see what other timeframes are doing all in one chart and give you high probability trade setups to assist you to make a prediction on what is MOST likely to happen in the market going foward Chart Features 1. Reversal Zone It is the rectangular box on
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Version 1.8 2019.01.30
Bug fixes
Version 1.7 2019.01.29
Changed the Smart Volume to an Oscillator for an easy read of clusters of Bulls & Bears
Version 1.6 2018.08.30
price to show on the crossover alerts
Version 1.5 2018.08.29
Fixed errors on screen & crossover alerts
Version 1.4 2018.08.28
smart volume crossover screen & email alert
Version 1.3 2017.12.06
Changed smart volume, retail volume and probability display
Improved on smart volume reading
Increased the font size on retail volume and probability display
Version 1.2 2016.08.12
Changed smart volume, retail volume and probability display
Added panel color change option
Version 1.1 2016.06.22
Errors on XAGUSD,M15 fixed