https://t.me/herewalletbot/app?startapp=32212984
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@fxtrademarkets
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Welcome to FX Trade Markets! Are you looking to dive into the world of financial freedom? Look no further! Our Telegram channel, @fxtrademarkets, is the perfect place for you. We offer a wide range of services tailored to help you navigate the complex world of forex trading. Whether you are an experienced trader or just starting out, our channel provides valuable insights, expert advice, and exclusive offers to enhance your trading experience. Join our community of like-minded individuals who are passionate about forex trading and eager to share their knowledge and success stories. Stay up-to-date with the latest market trends, get access to exclusive webinars and training sessions, and connect with experienced traders who can guide you on your journey to financial independence. Don't miss out on this opportunity to learn and grow as a trader โ join FX Trade Markets today and take your trading skills to the next level!
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24 Apr, 05:44
The Algorithm Behind the Supply and Demand Indicator
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogramโs volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
The Supply and Demand Indicator operates on a sophisticated algorithm that makes extensive use of the ZigZag pattern to detect significant price levels:
ZigZag Pattern: This pattern identifies the highs and lows in the price chart, which are crucial for spotting price swings and subsequently, potential supply and demand zones.
Supply and Demand Levels: The indicator uses the ZigZag data to pinpoint important supply and demand levels, visually represented as histograms on the chart.
Volume Assessment: The proximity of the price to these levels dictates the histogramโs volume, providing a quantitative measure of market interest and sentiment.
Combining the ZigZag pattern with volume assessment gives traders a comprehensive view of upcoming price movements and market conditions.
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24 Apr, 05:43
Auto Supply and Demand Indicator MT4/MT5
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
This Supply and Demand Indicator is an Indicator for MT4 or MT5 that automatically spots Supply and Demand levels and plots them on the chart. The Auto Supply and Demand Indicator aims to aid traders in their daily trading by automatically identifying and drawing rectangular areas on the MT4 and MT5 charts where the price has previously interacted.
This is an entirely free Indicator without any restrictions made by the fxssi.com website. There are more useful free and paid indicators on this website. So check out their other indicators and show some love for the FXSSI Indicators.
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30 Mar, 08:21
BotAGI MT5
BotAGI is the first next-generation AGI Forex robot. It is a basic version of BotGPT, simplified and without options, it is ideal for beginners.
Its success rate is exceptional, download it and see the results for yourself !
Why use BotAGI:
The EA is an extremely simplified version of BotGPT, a basic version without options, no time wasted in usage.
The EA doesn't employ risky strategies, grids, or martingales.
The EA employs a stop loss on each transaction to secure all trades for maximum account safety.
It's free and backtested over several years.
BotAGI is the first next-generation AGI Forex robot. It is a basic version of BotGPT, simplified and without options, it is ideal for beginners.
Its success rate is exceptional, download it and see the results for yourself !
Why use BotAGI:
The EA is an extremely simplified version of BotGPT, a basic version without options, no time wasted in usage.
The EA doesn't employ risky strategies, grids, or martingales.
The EA employs a stop loss on each transaction to secure all trades for maximum account safety.
It's free and backtested over several years.
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26 Mar, 05:12
Variables
Timeframe : A Fibonacci chart is drawn with the selected time frame among 1H, 4H, 1D, and 1W.
FiboWidth : Determines the thickness of the level.
FiboStyle : Set the style of the pivot level.
TouchedColor : Color that changes when touched
Timeframe : A Fibonacci chart is drawn with the selected time frame among 1H, 4H, 1D, and 1W.
FiboWidth : Determines the thickness of the level.
FiboStyle : Set the style of the pivot level.
TouchedColor : Color that changes when touched
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26 Mar, 05:11
React Fibonacci Chart
Features
Indicator for Fibonacci Retracement Trading
A Fibonacci chart is drawn based on the previous bar selected among 1H, 4H, 1D, and 1W.
When the market price touches the Fibonacci level, the color changes and the touch time is displayed.
The Fibonacci graph is drawn at -23.6, 0, 23.6, 38.2, 50, 61.8, 76.4, 100, and 123.6 levels and the chart refreshes when the bar is updated.
Features
Indicator for Fibonacci Retracement Trading
A Fibonacci chart is drawn based on the previous bar selected among 1H, 4H, 1D, and 1W.
When the market price touches the Fibonacci level, the color changes and the touch time is displayed.
The Fibonacci graph is drawn at -23.6, 0, 23.6, 38.2, 50, 61.8, 76.4, 100, and 123.6 levels and the chart refreshes when the bar is updated.
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25 Mar, 11:35
HOW TO "READ" THIS INDICATOR
If the closing prices are above Supertrend Line, there is a Bullish sentiment at that moment. The opposite is a Bearish sentiment.
Some traders use the Supertrend Line as a Stop Loss boundary.
It is a lagging indicator, so sue Price Action and other tools to prepare your strategy accordingly.
PARAMETERS
Period of analysis (# of bars)
Multiplier
Indicator new Internal Name - Useful to fast recalibrate several instances of this indicator in realtime through Minions Labs Recalibrator.
If the closing prices are above Supertrend Line, there is a Bullish sentiment at that moment. The opposite is a Bearish sentiment.
Some traders use the Supertrend Line as a Stop Loss boundary.
It is a lagging indicator, so sue Price Action and other tools to prepare your strategy accordingly.
PARAMETERS
Period of analysis (# of bars)
Multiplier
Indicator new Internal Name - Useful to fast recalibrate several instances of this indicator in realtime through Minions Labs Recalibrator.
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25 Mar, 11:33
Supertrend Line
The Supertrend indicator was originally created by a french fellow named Olivier Seban, and its goal is to identify the Primary Trend of prices. Its calculation is easy and based on the average of Highs and Lows and then we add the volatility of a custom period, plus a multiplier. This way we get the Supertrend Line.
You can find in the web several approaches and trading strategies using this very useful indicator.
The Supertrend indicator was originally created by a french fellow named Olivier Seban, and its goal is to identify the Primary Trend of prices. Its calculation is easy and based on the average of Highs and Lows and then we add the volatility of a custom period, plus a multiplier. This way we get the Supertrend Line.
You can find in the web several approaches and trading strategies using this very useful indicator.
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