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Latest News in Premium Trading Forum - UniAbsoluteStrength

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by , 06-02-2014 at 02:12 AM (1963 Views)
      
   
UniAbsoluteStrength


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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.




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