Recent content by edakad

Bullish Reversal Autotrader Bullish Reversal is a long only client side VTL auto trader. This is a bullish candlestick reversal pattern-based auto trader. The following bullish patterns are identified and when the pattern completes, the autotrader open buy position. All these candlestick...

Momentum Deviation bands - VertexFX Momentum deviation bands is a client side VTL indicator. It is similar to Bollinger bands. Bollinger bands use standard deviation of price in band calculation. Momentum deviation bands use momentum of price instead of standard deviation. It is used in the same...

The elegant oscillator is client side VTL indicator. It is based on signal processing algorithms and used in mean reverting trading systems. Mean Reversion theory suggests that after an extreme price move, asset prices tend to return back to normal or average levels. Prices routinely oscillate...

Close Bollinger Bands Crossover Close Bollinger bands crossover is a client-side VTL indicator. This indicator is based on Bollinger bands. The idea behind Bollinger bands is when the price is above the upper band, it is too high, and a mean reversion is expected. This indicator marks a red...

Reversal Trend Following The Reversal Trend following Autotrader is an always in the market trend following strategy. This is a 100 bar high low breakout strategy. Trend following systems uses different strategies like breakout, moving averages. Usually, trend-following systems are applied to...

Volatility Pivots Volatility Pivots is a trend following indicator. The indicator is calculated based on currency pair volatility displaying the nearest support and resistance levels. It uses the average true range and the exponential moving average of price in calculating support resistance...

Parabolic Stop and Reverse Auto trader The parabolic S A R auto trader uses two Parabolic Stop and Reverse indicators with different parameters for opening and closing trades. The first PSAR is used for opening positions and a faster PSAR is used for closing positions. This will book the profit...

Trend RSI Trend RSI is a modified version of the classic RSI indicator. It smooths the price with a moving average before calculating the RSI. Then it applies a factor of ATR in smoothing out the RSI values. The plots are like classical RSI indicator. The yellow line is the Trend RSI value and...

Trendless Oscillator Trendless Oscillator was developed by Joe DiNapoli and described in his book, Trading with DiNapoli levels. It used with Fibonacci Levels to open trades. However, it can be used as a standalone indicator or with other indicators and support resistance levels. Formula...

Volatility Bands Volatility Bands is based on the concept of Bollinger Bands. The difference is that volatility is used as the bands instead of standard deviation. It allows users to compare volatility and relative price levels over a period time. The indicator consists of three bands designed...

PCC Percentage Channel, PCC is a modified version of the Donchain channel indicator. Instead of the N day High Low range used in Donchain channel, Percentage Channel uses a certain percentage value of the price to draw the channel. As price moves upward or downward, the PCC shows trading...

Sadukey Saukey is based on a complex mathematical signal processing algorithm to capture the trend changes at an early stage. It plots two lines on the chart, like moving averages. In comparison to moving average cross over strategies, the Sdaukey indicator reduces the lag factor...

Kase Peak Oscillator The Kase Peak Oscillator is made of statistical observation of prices over the last KPeriod. It automatically adapts its cycle to any timeframe or instrument by using a percentile rank of what happens now in comparison of the whole distribution of past values. It consists...

Day Channel “Day Channel” indicator marks short term support resistance levels for intraday trading. It consists of the day’s High, Low, midpoint, and levels at 38.2% from the day high and low. Day channel is intended to use on lower time frame charts like 5 minutes, 15 minutes, etc. These...

Perfect Trendlines Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator is not straight lines like normal trend lines. PTL indicator calculation is simple. First take the 7 bar high and low, then the 3 bar high and low. If the close...