Admin

UniAbsoluteStrength


----------


UniAbsoluteStrength_v2.5 indicator for Metatrader 4 was programmed for Premium Trading Forum. In the given version of the indicator there is a possibility to build levels of Strength (Strength Level) and Weakness (Weakness Level) using 5 ways:

• OverBought/OverSold levels (OverBought/OverSold),as in the RSI and Stochastic, regulated by StrengthLevel and WeaknessLevel parameters (for example, 80 and 20).
• The channel of the standard deviations regulated by LookBackPeriod parameter and coefficients for the upper (UpperMultiplier) and lower (LowerMultiplier) bound of the channel.
• Fractal Zone is regulated by FractalSize, LookBackPeriod, StrengthLevel and WeaknessLevel parameters.
• High/Low Channel drawn on the principle of the price channel is regulated by the LookBackPeriod, StrengthLevel and WeaknessLevel parameters.
• Dynamic Zone is regulated by LookBackPeriod, StrengthLevel and WeaknessLevel parameters.

----------

You need to subscribe to Premium Trading Forum to read and to download.