Hello, everyone.
In this thread I will post various market situations that I have seen. The analysis will be carried out with the help of my own written indicators for MetaTrader 5.
In general, if I see something interesting I will post it here. Feel free to contact me if you have any suggestions.
I'll start with Netflix.
I have an indicator called "TrendMeasurer indicator". It is based on Paul Levine's "TB-F". However, I drastically reworked it and removed the volume from the calculations.
The essence of the indicator is that it, so to speak, measures the rest of the current trend. The trend should be strong, directional, without serious pullbacks. As soon as the indicator stops, having used up all its "fuel", or the indicator curve will be broken by the price, it shows a potential reversal.
The picture shows the NFLX, time frame - day. It was launched from the high. So far. Waiting.
The indicator is available here: https://www.mql5.com/en/market/product/62281
In this thread I will post various market situations that I have seen. The analysis will be carried out with the help of my own written indicators for MetaTrader 5.
In general, if I see something interesting I will post it here. Feel free to contact me if you have any suggestions.
I'll start with Netflix.
I have an indicator called "TrendMeasurer indicator". It is based on Paul Levine's "TB-F". However, I drastically reworked it and removed the volume from the calculations.
The essence of the indicator is that it, so to speak, measures the rest of the current trend. The trend should be strong, directional, without serious pullbacks. As soon as the indicator stops, having used up all its "fuel", or the indicator curve will be broken by the price, it shows a potential reversal.
The picture shows the NFLX, time frame - day. It was launched from the high. So far. Waiting.
The indicator is available here: https://www.mql5.com/en/market/product/62281