Price Action Sniper is designed to trade the Price Action on the desired chart time frame.
– Trend Reversals.
– Trend Continuation.
– Brekaouts.
– Good tool for Binary Options
Price action forms the basis for all technical analysis of a currency pair, commodity or other asset chart.
Many short-term traders rely exclusively on price action and the formations and trends extrapolated from it to make trading decisions.
Technical analysis as a practice is a derivative of price action since it uses past prices in calculations that can then be used to inform trading decisions
Price Action Sniper send signals by checking:
– Trendlines
– Candle Stick Patterns and Formations: Three Line Strike, Three Black Crows, Engulfing Candles, Evening Star, Shooting Star
– Deviations
– Moving Averages
– Support / Resistance
Parameters:
– Draw Lines True/Flase : Choose True if you want to see the key lines drawn by the indicator.
– Show Only New Forms: Choose False if you want to see the history.
– Choose Alert for your need.
Advantages:
– Optimum paramaters ( Moving Avarages for each TF and deviations ) has been set.
– Works on every time frame and every instrument.
– Perfect combination with Cycle Sniper Indicator.
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– You can trade with the indicator or combine it with your own indicators.
Notes:
– All Arrows do not mean buy/sell signal. They show the potential direction of the market.
– Buy Entry / Sell Entry arrows can be used as a signal.
– Recommended History Bars :200
– The lines show the structure of the market and are highly recommended to display them on the chart.
– Startegy Tester Timeframe: H4
LIMITED TIME OFFER FOR THE NEW RELEASE.
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