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Complete breaker market maker Key zones indicator, It provides precise zones where could be an excellent break or reversal opportunity.
Description
Complete breaker market maker Key zones indicator, It provides precise zones where could be an excellent break or reversal opportunity.
How is this indicator useful?
Display Metrics
All the following metrics are calculated based on selected Money Management strategies and don´t consider account commissions, spreads, swaps, or any other transactional cost:
Support and questions:
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About Author:
Carlos Forero, Member of Clever Trading Club, private organization with the purpose of design clever solutions to generate constant profits with adapted risk.
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The indicator uses market profile theory to show the auction level on user-specified time basis. The Auction level is a key level of market that gives a trend bias depends on the location of price.
LITE VERSION ONLY ON EURUSD / FULL VERSION HERE
The indicator predicts, with a specific probability, if the actual candlestick range will expand or contract compared to the range of a previous candle. Furthermore, the indicator shows the possible high or low of the actual candle, based on trend direction. (Recommended for Daily, Weekly or Monthly timeframes).
The indicator shows the TDI indicator in a separate window, and with the RSI component, the indicator finds possible divergences with M or W patterns.