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blogzr3
2011.07.13 19:27
Trend is currently strong is one direction, but a retracement may happen soon. What do you use to give a warning that retracement is coming soon? |
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One-Minute Data Modelling Quality Rating One-Minute Data Modelling Quality Rating |
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BarrowBoy
2011.07.14 02:31
The TOR on your preferred timeframe to show trend exhaustion, see http://codebase.mql4.com/7703 Or to show retracement, the SFX_MA_On_CCI found here -BB- |
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serpentsnoir
2011.07.14 04:27
The Williams Percent some times does a peak per the info on the website. Try a number lower than 14, say 11. An interesting phenomenon of the Williams Percent Range indicator is its uncanny ability to anticipate a reversal in the underlying security’s price. The indicator almost always forms a peak and turns down a few days before the security’s price peaks and turns down. Likewise, Williams Percent Range usually creates a trough and turns up a few days before the security’s price turns up. |
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Elroch
2011.07.14 14:59
Having a few days warning would be most useful for my scalping. :-)
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blogzr3
2011.07.14 16:34
Very interesting, and thanks, BB.
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