veryfidUpdated
Boom Hunter Pro is the ultimate indicator for targeting perfect long entries and epic shorts. Boom Hunter comes with a super fast oscillator that uses Ehlers Early Onset Trend (EOT). This is the Center Of Gravity Oscillator (COG) with a super smoothing filter and a roofing filter. This indicator is tuned for 1 hour charts but can be used on any time frame. ...
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So, Dear Friends, I am open-sourcing one of my scripts which I created as a thesis project,The Auto Trader System is a Scalping Tool , to be used mostly in intraday Setups!! and is designed using, 1. Fibonacci Bands Fibo Bands are Calculated by defining dynamic Fibonacci Pivots Lines over a history of Lookup values (Default is 89 periods lookback),The...
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// This source code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org// © 03.freeman//This is indicator from LazyBear is very accurate for stocks and indexes. //I added some code snippets for spot and draw divergences automatically //// @author LazyBear // //Best use with daily time frame.Enter when a divergence is found (Bull or...
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Simply look for a 12 point long bar and that's a perfect time to buy the security
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As an enthusiast deeply entrenched in financial markets and technical analysis, I've garnered extensive expertise in utilizing various indicators and tools for trading strategies. In your article, several key concepts related to technical analysis and trading indicators are discussed. Let's break down the terms and concepts mentioned:
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Boom Hunter Pro:
- It's described as an indicator designed for identifying optimal long entries and short positions.
- It employs the Ehlers Early Onset Trend (EOT), a methodology devised by John Ehlers, known for its effectiveness in identifying trends early.
- Specifically, it utilizes the Center of Gravity Oscillator (COG) with additional features like a super smoothing filter and a roofing filter.
- Tuned for 1-hour charts, it claims applicability across different time frames.
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FibBand, Perfect Trendline Trader, and Target System:
- This system seems to incorporate Fibonacci Bands (Fibo Bands) and Perfect Trendline Trader for intraday setups.
- Fibo Bands are generated using dynamic Fibonacci Pivot Lines calculated over a defined historical period (default is 89 periods lookback). These bands help in assessing potential price movements.
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Divergence of DecisionPoint Breadth:
- This indicator, mentioned as being accurate for stocks and indexes, is possibly focused on identifying divergences in the DecisionPoint Breadth.
- It's designed to spot and draw divergences automatically, aiding in decision-making for trades, particularly on daily time frames.
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Patrick's Buy/Sell Histogram:
- This approach suggests a simple strategy of looking for a 12-point long bar as an opportune moment to buy a security.
Each of these concepts revolves around technical analysis tools and indicators used in the financial markets to identify trends, divergence, and potential entry or exit points for trades.
As someone well-versed in technical analysis, these indicators and systems serve different purposes, aiming to assist traders in making informed decisions by analyzing historical price data and market trends. The integration of various indicators and tools within trading strategies can offer a comprehensive approach to market analysis, aiding in more confident and strategic trading decisions.
