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Multimeter 3 Trading indicator
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Shipping: United Kingdom: free (more destinations)
Condition: Brand new
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FEATURES:
So it contain Ma, MACD, EMA; Stoch, Bollinger, Psar, Williams Range, ...
It works on any timeframe and with any currency.
Use is easy. If you are trader on (example) m15 chart, just after market move in one direction, you have to wait on reversal.A graph of Stochastic Oscillators on timeframes M1 up to D1. An indication of the market trend using EMA's on timeframes M1 to D1. The direction of the MACD on the current chart, and crossing of the signal line and zero line. The direction of a fast 3 period LWMA crossing a 5 period SMA (periods can be changed). The direction of the Parabolic SAR on the current chart for giving the exit signal and also confirmation for entry. An oscillating graph of the William's % Range indicator. This was used because of its fast movement and unique predictive quality. Also because its very good for identifying Overbought/Oversold conditions. A Bar % Increase/Decrease meter I developed to give a direct visual representation of the percentage rise or fall of the current price compared to the last 4 bars.
It's simple but effective. The gist of it is that the previous 4 bar movements (close close) are averaged and percentaged, so if the current bar rises above 100% it is speeding up above the recent average, conversely if it drops below 100% it is slowing down and taking on a more steady movement. Strong price movements displayed in bright red or green, with varying shades according to the strength of movement. The overall recommended signal to trade, based on the various indicator signals. And last but not least the spread of the currency, in big easy-to-see numbers.
More details:
http://www.lovindi.com/2013/04/multimeter-3.html
So it contain Ma, MACD, EMA; Stoch, Bollinger, Psar, Williams Range, ...
It works on any timeframe and with any currency.
Use is easy. If you are trader on (example) m15 chart, just after market move in one direction, you have to wait on reversal.A graph of Stochastic Oscillators on timeframes M1 up to D1. An indication of the market trend using EMA's on timeframes M1 to D1. The direction of the MACD on the current chart, and crossing of the signal line and zero line. The direction of a fast 3 period LWMA crossing a 5 period SMA (periods can be changed). The direction of the Parabolic SAR on the current chart for giving the exit signal and also confirmation for entry. An oscillating graph of the William's % Range indicator. This was used because of its fast movement and unique predictive quality. Also because its very good for identifying Overbought/Oversold conditions. A Bar % Increase/Decrease meter I developed to give a direct visual representation of the percentage rise or fall of the current price compared to the last 4 bars.
It's simple but effective. The gist of it is that the previous 4 bar movements (close close) are averaged and percentaged, so if the current bar rises above 100% it is speeding up above the recent average, conversely if it drops below 100% it is slowing down and taking on a more steady movement. Strong price movements displayed in bright red or green, with varying shades according to the strength of movement. The overall recommended signal to trade, based on the various indicator signals. And last but not least the spread of the currency, in big easy-to-see numbers.
More details:
http://www.lovindi.com/2013/04/multimeter-3.html
ID, Kalimantan Selatan
