What’s New With CycleTrader?
Latest Updates With CycleTrader Indicators
This update is all about surrounding momentum and price change using volume and price.
You won’t encounter these indicators anywhere else. It’s all about encouraging you to see price ranges and trends.
#1 -VMI – Volume Momentum Indicator – We apprehended the values from #30 indicator – Continued Volume Different and rather than merely plotting the line on close like #30 does, we plot the Open, High, Low and Last of these values on each bar. It also has the input option to encompass an average of these values — great viewpoint on market trends. While the bars are green, you would aspire to be long, and when they signify red, you will want to be short.
#13 Volume Difference indicator is one of a kind. It measures the number of contracts bought at the offer versus sold at the bid. It displays the high and low range and the last difference on each bar. Vol 1 will begin to show these moves right usually before the market price movements. It can be an insight of the market move as it happens.
#30 Level 1Volume Continued Indicator is also one of a kind. It measures the continued deviation of the differences in the number of contracts bought at the offer and sold and bid. The exception is it does not restart on each new bar. It is a continue calculation from the time you start the chart. Example on the chart below, the indicator is showing a difference of +37,000 plus, and the trend is up. This indicator is an excellent trend filter.
#9a. CycleWave Tick Range – Most traders, would not think about these ranges, but it is essential. Measuring how far on average the market proceeds from the cycle low to cycle high can help conclude the ranges to trade. Hold in mind; markets reverse paths 3 to 7 times a day. Examining how many ticks the market moves up and down hatches the range to look for on average for each cycle move.