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#3 Proven Forex Trading Methods That Work

#3 Proven Forex Trading Methods That Work

June 23, 2021

Intro. Will $500 a day change your life? А 1000$ ? Many people dream of getting that kind of money

Top 10 Forex Expert Advisors in the last decade

Top 10 Forex Expert Advisors in the last decade

June 3, 2021

Newcomers to the forex market often experiment with new techniques and methods to generate profits a

Top 5 trading robots for profit on forex in 2021

Top 5 trading robots for profit on forex in 2021

May 27, 2021

Foreign exchange trading is one method to make big as well as steady earnings in a reasonably brief

Calculates pivot levels.

Depending on the location of prices relative to these levels, it fills in the histogram. 

Parameter values:

You can choose from different levels. 

  • MN1
  • W1
  • D1
  • H12 
  • H8 
  • H6 
  • H4  
  • H3
  • H2
  • H1

If the indicator value is near 0, it means that the price has reached a potential reversal or rebound level.

Formulas:

Pivot = (high   close   low)/3 
R1 = (2 * Pivot) - low
S1 = (2 * Pivot) - high
R2 = Pivot   (R1 -S1)
R3 = high   (2* (Pivot - low))
S2 = Pivot - (R1 - S1)
S3 = low - (2*(high - Pivot))

If the indicator value is near 0, it means that the price has reached a potential reversal or rebound level.

Formulas:

The horizontal lines in the screenshots of the graph are shown for clarity. The indicator values are calculated from these lines.

The horizontal lines in the screenshots of the graph are shown for clarity. The indicator values are calculated from these lines.

This utility was used to draw these lines: 

Key Features of Algorithmic Trading Software

17 March 2021

16 April 2021

2.2

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Calculates pivot degrees Depending upon the area of prices about these levels it fills in the histogram Specification worths style-select the screen kind Histogram Line Arrowhead rate – the cost has little impact on the last look yet it can be customized timeframe-select the timeframe for determining the degrees color over pivot line – color of whatever above the pivot level shade under pivot line – color of whatever listed below the pivot level pivot line junction color – the color when the body of the candle light goes across the facility line color of resistance level breakout – the color when

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