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Mac Mac 23.03.2017

Market Way Indicator

This tool is a unique finding in the exchange market coding space. It focuses on trend catching and does it pretty good with little less effort to read it. It might look monstrous at first but even newbie will get along with it. Its main idea is to measure bull and bear forces (histogram lines). Additional support for the market entry serves positioning of two channels to each other: if accumulation channel above of smoothing channel it is perfect for a buy order, and vice versa for sell. Various crossovers are good enough for stop loss management. Market Way shines best at high timeframes, however it is less informative on renko amid its calculation based on differences in the cost of opening and closing. Looks good to give a shot!

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23.03.2017 12
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