This indicator identifies the market trend and displays a logical trailing stop in order to stay with the trend for longer moves. We’ve developed a proprietary market trend and volatility calculation that works in any market and on any time divergent rsi forex strategies. Ever feel like the train left the station and you were not on it?
The Strong Trend indicator is designed to identify strong trending markets and then locate possible entry points in that strong trend. This indicator is self-adaptive and responds to market volatility. The Alchemy Order Macro Stop-Target-Trailing Indicator automatically detects open positions and has the option of placing order macros for a protective stop, 2 targets and 2 trailing stops on a real time basis. This indicator keeps all real time open positions in sync with the strategy positions on a chart by automatically placing orders whenever it detects a position mismatch between real time open positions and strategy positions. Trade with the momentum on your side. When an oscillator such as the Stochastics or the RSI is in oversold territory, it typically indicates that the selling pressure is exhausted and that prices might get ready to move to the upside or at least stop falling.
D Slow and the MACD Signal Line. D Slow as well as for the MACD Signal Line that are optimized and fine-tuned to help identify divergence. D Slow, price pivots and the MACD signal line as well as their corresponding previous pivot points. Spot tops and bottoms on any time frame. There are five separate divergence indicators that provide an alert and pop-up text whenever a divergent condition exists between price and the selected indicator.
You may select between CCI, RSI, Stochastics, MACD or Tick to determine divergence. Never miss a retracement level again. Identify your pullback target levels and enter the market with confidence. The Alchemy Fibonacci Retracement tool is an enhanced retracement tool that draws a line from the swing start to the swing end, draws up to 7 fibonacci retracement lines and labels them with their corresponding retracement price. There are 2 different methods of applying Fibonacci Extensions. Spot the most powerful candlestick engulfment and reversal patterns while still using your Open,High,Low,Close Charts.