New Indicator Market Way

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Uploaded: 13.02.2017
Content: MarketWay.mq4 (6,56 kB)

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Description

The indicator which is described in this article is designed to determine the optimal entry into the market. In comparison with the standard indicators such as Stochastics, MACD, etc .., Market Way as accurately trades in the trend, without changing the settings, displays all the information on the analysis on the screen. The basic principle of this indicator, the difference simulate opening and closing within a certain period of time, the main line, plus summarize only a bear and bull bars, in addition to this, there is an average value of the total period.

Benefits of Market Way indicator:

• One indicator has the ability to replace, and the other two, it is - an oscillator and a trend;
• Very accurate notes upward and downward movement of prices;
• Defines the pressure on the market bearish or bullish in points;
• Determines whether the volatility is flat at the moment on the market;
• A very important parameter for traders, it shows the point of oversold and overbought;
• Performs well on any time frame;
• Promptly respond ´signals, much faster than the built-in oscillators;

Additional information

Signal lines are specified in the recommended parameters, so it is desirable to leave as described above, or multiple. Histogram indicator displays the difference bear line (black bars) and the SMA and bovine lines (white bars) and the SMA.

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