Hello All, This is Ichimoku Oscillator that creates different oscillator layers, calculates the trend and possible entry/exit levels by using Ichimoku Cloud features. There are four layer: First layer is the distance between closing price and cloud (min or max, depending on the main trend) Second layer is the distance between Lagging and Cloud X bars ago...
🔮 Price Action Fractal Forecasts - Unleash the Power of Historical Patterns! 🌌✨ Dive into the future with AlgoAlpha's Price Action Fractal Forecasts ! This innovative indicator utilizes the mesmerizing complexity of fractals to predict future price movements, offering traders a unique edge in the market. By analyzing historical price action and identifying...
Introducing the Adaptive Schaff Trend Cycle by AlgoAlpha: Elevate Your Trading Strategies 🚀 Discover precision and adaptability with the Adaptive Schaff Trend Cycle 🎯, meticulously crafted for traders seeking an edge in the markets. This advanced tool integrates sophisticated algorithms to offer clear insights and real-time analytics 📈. Key Features: ...
what is "Trend Oscillator"? it is an indicator for determining the trend. what it does? analyzes the price action by reducing it to 4 different situations. Red means strong bear, orange means bearish, yellow means weak bull and green means strong bull. It was developed to help traders who trade in the direction of the trend and its biggest promise is to simplify...
Hello Traders! While analysing the charts, one of the biggest problem is to see if there is trend or not, or is it in a congestion zone/area? While thinking about it, I found the idea to analyse moving averages in channel and their momentum according to channel width. How it calculates and works? On each bar it creates a channel by highest/lowest point of...