Quantum TIO INDCATOR v1.5

Posted on March 23, 2022 by fxl fxl

67 / 100

Quantum TIO INDCATOR v1.5

Is a classic Market Profile implementation that can show the price density over time, outlining the most important price levels, value area, and control value of a given trading session. This indicator can be attached to timeframes between M1 and D1 and will show the Market Profile for daily, weekly, monthly, or even intraday sessions. Lower timeframes offer higher precision. Higher timeframes are recommended for better visibility. Six different color schemes are available to draw the profile’s blocks. Drawing profiles as a plain color histogram is also possible. Alternatively, you may choose to color the profile based on bullish/bearish bars. This indicator is based on bare price action and does not use any standard MetaTrader indicators.The chart screenshot shows market profiles calculated and displayed for two daily Forex trading sessions. The timeframe is M30 and the right-hand daily session is still in progress. The earliest prices are blue and the latest prices are red. The medians and the value areas are marked with the white lines and display the most important price areas. Traders tend to return to those areas if the volume of the breakout movement is not too high. High-volume breakout out of these areas signifies a real breakout.

Currency pairs : 20 or more major pairs in the terminal + indices + metals Timeframe : m1-m5-m15-m30-n1 Trading time : around the clock or with a restriction for each pair Description :

A versatile, very simple but reliable trading strategy for catching pullbacks after a strong impulse. Suitable for both Forex, Stocks and Binary Options. The higher the TF, the more accurate the signals, but less frequent the inputs. It can be used as an entry for working on one (two) bars, as well as for building a small grid of 3-5 tribes, both with and without martingale. For Binary, just expiration time. The vehicle itself is not new, and has been tested for a long time (since 2013) every year it is only expanded with additional filters and expanded application.