It would be a wonderful addition to the TOS program. I find it tedious to reconfigure the volume profile indicator to start it on a specific bar. One way to get closer to a flexible volume profile would be to add a parameter that allowed the user to set a start and end date. I have seen some anchored VWaps that allow the user to set the anchor.
Description: Tbars is an transparent custom Bar Type that captures highly accurate turning points in your marketas well as generating opportunities to stay in the trade (also known as “Milking The Trend” with Reversal Bars). It
This indicator displays the Ask Price and Bid Price on the upper corner of the price chart in a large bold font. ... 5.2 Recommended Forex MetaTrader 4 Trading Platform; Many new traders overlook the fact that they have a trading cost that comes with every trade. This main component of this trading cost is usually the spread which is the ...
Net volume indicator is a simple technical analysis tool that works by subtracting the downtick volume of security from the uptick volume over a specified period of time. It helps to understand the market direction, its sentiment, and gauges the selling or buying pressure of an asset. Although it is a simple indicator, yet it has the potential ...
Conversely, when the indicator is below zero, it is easier for deceleration to increase. Unlike the Awesome Indicator, crossing the zero line is not a trading signal in itself, but it does mean a change in the pattern we need to see in order to be confident of placing a trade. The simplest use of the indicator is really very easy to follow.
The proprietary algorithms we use are derived directly from Wall Street trading desks. We monitor over 200 different stats on each tick. Things like volume prints, institutional order flow, and individual volatility metrics. This results in the chart output being clean and easy. No indicators whatsoever. Just Green Bars and Red Bars.
