TradingView
GrantPeace
15 nov 2018 09:21

Spontaneous Indicator! 

S&P 500SP

Beskrivning

Hey Friends!

I made this video spontaneously and without any preparation so I am sorry if my explanation was very fragmented.
This is a new indicator I have just made that uses these key factors for a forward projection:

Red Target

1. Price based on average profit of every trade over the entire course of history.
2. Time based on average time in every trade over the entire course of history.

Blue Target

1. Price based on price movement of the most recent 2 trades.
2. Time based on average time in every trade over the entire course of history.

The trades are determined by a moving average crossing of a user-defined period length.

I hope you like the concept.
Publication coming soon!
Mer