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Following

5

"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.

Comentários 2
LUIS ALBERTO BIANUCCI
594
LUIS ALBERTO BIANUCCI 2021.08.19 02:46 
 

The indicator is very complete

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TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our custo
Introduction to Chart Pattern MT Chart Pattern MT is a chart pattern scanner to detect the triangle pattern, falling wedge pattern, rising wedge pattern, channel pattern and so on. Chart Pattern MT uses highly sophisticated chart pattern detection algorithm. However, we have designed it in the easy to use with intuitive user interface. Chart Pattern MT will show all the patterns in your chart in the most efficient format for your trading. You do not have to do tedious manual pattern detection an
O indicador " ZigZag on Trend " é um assistente na determinação da direção do movimento dos preços, bem como uma calculadora de barras e pips. É composto por um indicador de tendência que monitora a direção do preço com uma linha de tendência apresentada em forma de zigue-zague e um contador que calcula o número de barras passadas na direção da tendência e o número de pontos na escala vertical. (Os cálculos são realizados abrindo a barra) O indicador não é redesenhado. Para maior comodidade, é d
GOLD Impulse with Alert
Bernhard Schweigert
4.56 (9)
Este indicador é uma super combinação dos nossos 2 produtos Advanced Currency IMPULSE with ALERT  +   Currency Strength Exotics . Funciona para todos os períodos de tempo e mostra graficamente impulso de força ou fraqueza para as 8 principais moedas mais um Símbolo! Este Indicador é especializado para mostrar a aceleração da força da moeda para quaisquer símbolos como Ouro, Pares Exóticos, Commodities, Índices ou Futuros. É o primeiro do seu género, qualquer símbolo pode ser adicionado à
Indicator : RealValueIndicator Description : RealValueIndicator is a powerful tool designed specifically for trading on the EURUSD pair. This indicator analyzes all EUR and USD pairs, calculates their real currency strength values, and displays them as a single realistic value to give you a head start on price. This indicator will tell you moves before they happen if you use it right. RealValueIndicator allows you to get a quick and accurate overview of the EURUSD currency pair tops and bottoms,
"The Squeeze indicator attempts to identify periods of consolidation in a market. In general the market is either in a period of quiet consolidation or vertical price discovery. By identifying these calm periods, we have a better opportunity of getting into trades with the potential for larger moves. Once a market enters into a "squeeze," we watch the overall market momentum to help forecast the market direction and await a release of market energy." Modified TTM Squeeze Indicator is a modifica
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LUIS ALBERTO BIANUCCI
594
LUIS ALBERTO BIANUCCI 2021.08.19 02:46 
 

The indicator is very complete

PJ CHAWLA
2164
PJ CHAWLA 2015.10.13 23:47 
 

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

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Versão 1.21 2021.11.17
Перекомпилирован под версию 1350
Versão 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).
Versão 1.11 2014.09.09
Slightly changed the way the targets are displayed during expansion (3 waves and higher).
Versão 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.