The VWAP Plus Indicator is just another variation of the Volume Weighted Average Price indicator. The Plus, in this case, means additional lines that act as dynamic Support Resistance levels. They can also work as Take Profit targets. Nonetheless, the basic principle stays the same. Long trades above the main VWAP line and short trades below the main VWAP line.Buy SignalPrice is located above the main VWAP Plus line (aqua color)Price touches it a...
Trend Scalp MTF Alert Indicator was built based on T3 Smoothed Moving Average. Besides signaling the market trend, it also identifies the overbought and oversold conditions of the market.As a trader, you should go for long when the market turns bullish from an oversold condition and go short when the market turns bearish after signaling the overbought condition.Buy Parameters• The colored dots appear below the neutral level of the indicat...
The PTS MACD Divergence Box Indicator automatically scans and detects the divergences between the price and Moving Average Convergence Divergence. What distinguishes this forex divergence indicator from others is that it marks green and red boxes on the charts. Such a box defines an area of divergence occurrence.The trading rules that apply for the PTS MACD Divergence Box Indicator are very simple. There is a buying opportunity after the green bo...