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Following

"Follow the Market Desire".

The indicator shows the market "Desire" (force) on the current and the higher timeframe (TF), indicates the current and confirmed targets, identifies and shows the resistance (Res) and support (Sup) lines of the current and/or older TF.

Not always the Desire on a TF coincides with the possibility (real price movement), but the confirmed target is always achieved in the following "lives". Not always neighboring TFs have identical Desires. Every TF lives its own life, and very often its Desire is opposite to that of the neighboring TFs.

The Desire emerges, develops, reaches the limit, indicates the target it was aiming at, and passively extinguishes, then turns into its opposite, or if continues to develop, it expands. During the development of the Desire, three Res and three Sup levels appear. fir each TF, they differ in both numbers and importance. Of all the six levels of a TF the most important ones are the following: Sup1, Res1 (limits) and Sup3 & Res3 (bases).

This indicator was developed as a result of long-term studies to add quantitative characteristics in the wave theory, which can uniquely identify the wave appearance and property of a particular TF.

As a result of long-term (over 10 years) working in the real market, the indicator has confirmed its reliability, revealed a number of patterns and exceptions, has acquired a large number of extra dimensions, and at the same time showed a high complexity and importance of the relationship of all TFs, from the smallest M1 to the highest MN1. These extensions are included in the professional version of the indicator, which will be proposed later.

The most efficient way to use the indicator is to set it in three windows of one instrument with different periods. For example 5, 30, 240 or 15, 60, 240 etc. The zero bar of the current TF is calculated on each new bar of a smaller TF.

Input Parameters

  • Bar - the number of rendered bars;
  • slow - double the current TF (increase twice), useful for small TFs;
  • TF_high - show support and resistance lines of a higher TF. The ends of lines of a higher TF are farther than those of the current one. Not updated in the tester;
  • Line - show support and resistance lines of the current TF;
  • zz - join the tops of the current TF using lines;
  • up, up_up, dn, dn_dn - colors of support and resistance lines (Sup1, Sup3, Res1, Res3).

The color of indicator lines is preset for the "Green On Black" color scheme.

A note on screenshots: unfortunately due to the size of the screenshots it is impossible to show a complete picture of the market state on the current TF.

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Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, 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 theory of the channel 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 is a tra
The Stochastic Basket Currency Strenght  brings the Stochastic indicator to a new level.  Expanding the boundaries of TimeFrames and mono-currency analysis, the SBCS take the movements of each currency that composes the cross and confront them in the whole basket of 7 crosses.  The indicator works with any combination of AUD, CAD, CHF, EUR, GBP, JPY, NZD, USD pairs and with full automation takes in account every stochastic value (main line) for the selected Time Frame.  After that, the indicator
Attualmente 20% di sconto! La soluzione migliore per ogni principiante o trader esperto! Questo software per cruscotti funziona su 28 coppie di valute. Si basa su 2 dei nostri indicatori principali (Advanced Currency Strength 28 e Advanced Currency Impulse). Offre un'ottima panoramica dell'intero mercato Forex. Mostra i valori di forza delle valute avanzate, la velocità di movimento delle valute e i segnali per 28 coppie Forex in tutti i (9) timeframe. Immaginate come migliorerà il vostro t
Vi presentiamo ON Trade Waves Patterns Harmonic Elliot Wolfe, un indicatore avanzato progettato per rilevare vari tipi di pattern sul mercato utilizzando metodi sia manuali che automatici. Ecco come funziona: Pattern Armonici: Questo indicatore è in grado di individuare pattern armonici che appaiono sul vostro grafico. Questi pattern sono fondamentali per i trader che praticano la teoria del trading armonico, come descritta nel libro di Scott Carney "Harmonic Trading vol 1 & 2". Che li disegniat
ACB Breakout Arrows
KEENBASE SOFTWARE SOLUTIONS
4.15 (34)
The ACB Breakout Arrows indicator provides a crucial entry signal in the market by detecting a special breakout pattern. The indicator constantly scans the chart for a settling momentum in one direction and provide the accurate entry signal right before the major move.  Get multi-symbol and multi-timeframe scanner from here - Scanner for ACB Breakout Arrows MT4 Key features Stoploss and Take Profit levels are provided by the indicator. Comes with a MTF Scanner dashboard which tracks the brea
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LUIS ALBERTO BIANUCCI
768
LUIS ALBERTO BIANUCCI 2021.08.19 02:46 
 

L'utente non ha lasciato alcun commento sulla valutazione.

PJ CHAWLA
2164
PJ CHAWLA 2015.10.13 23:47 
 

GREAT INDICATOR. WILL BECOME SUPER GREAT WITH POP-UP ALERTS.

Rispondi alla recensione
Versione 1.21 2021.11.17
Перекомпилирован под версию 1350
Versione 1.20 2015.10.29
1. Changed the indicator inputs.
2. Added alerts (Alert) concerning changes at the current and/or upper timeframe.
3. Added processing of an error occurring in case of an insufficient amount of history bars (usually on MN1).
Versione 1.11 2014.09.09
Slightly changed the way the targets are displayed during expansion (3 waves and higher).
Versione 1.10 2014.09.04
1. Fixed the error of displaying largest timframe.
2. Added information about symbol, spread and time left before the current bar closes. This function is enabled using parameter "PriceTime" = true. Parameters "Price", "spred", "remainTime" set display color. Parameter "cor" sets the chart corner where the information is to be displayed.