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Extreme point

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Démo téléchargée: 538

Publié: 13 mars 2017

Version actuelle: 1.1

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Extreme point

Indicateurs
Ilya Fomin
Version: 1.1
Mise à jour: 8 décembre 2017
Activations: 10

The Extreme point indicator helps in determining the probable price reversal points on the chart.

The indicator facilitates the search for points to enter the market with greater accuracy. The indicator displays certain impulses, after which there is a high probability of the price continuing its movement in the same direction.

The indicator can be used in conjunction with other indicators for a more accurate detection of the position entry points. The indicator can also be used independently.

For example: the indicator can be used with the conventional Moving Average with a period of 200 to determine the trend. In this system, the buy signals are considered when the price is above the MA 200 (uptrend), while the sell signals are ignored. Similarly, the sell signals are considered when the price is below the MA 200 (downtrend), while the buy signals are ignored.

This indicator is able to work on any timeframe and any currency pair. However, it is recommended to use a timeframe from M5 to W1 (from five-minute to weekly).

You can also use different timeframes simultaneously to obtain stronger signals or to confirm a signal on the other timeframes. The ideal situation is when a signal is generated in the same direction on multiple timeframes, this signal is the strongest. And the potential profit from a trade based on this signal is increased.

Indicator Parameters

Period 1 - period used for the indicator calculation. Suitable values are from 1 to 30.
Period 2 - period used for the indicator calculation. Suitable values are from 1 to 20.
Period 3 - period used for the indicator calculation. Suitable values are from 1 to 10.

Decisions on entering a trade should be made only after a bar (candle) closes.

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The indicator shows significant support and resistance levels. When the price approaches these levels, it in some way responds either to the levels themselves, or to the areas that are near these levels. These levels can be viewed as potential reversal zone. Accordingly, the levels can be used for performing trading operations or closing previously opened positions. For example You can buy if the price rolls back from the support level upwards, or sell if the price rolls back from the resistan

99 USD

Smart Line is a trend indicator. It helps you find trend reversal points. This trading strategy is designed for trend trading. The indicator algorithm accurately determines the trend on various trading instruments, at different time intervals. The Smart Line indicator can be used as an additional tool, or as the main one. The color of the indicator lines changes depending on the current trend, as well as built-in indicators of possible entries in the position, indicated by arrows. Paramet

99 USD

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Version 1.1 2017.12.08

Performed optimization.