above the zero level. When the pair is in an uptrend, macdik indicator moves above the zero line (price is moving up and away from its moving average). Noise and Extension Bands, targets and, daily, range, projections, targets and, daily, range, projections come into play once the price has broken outside the noise bands. Macdik is a modified and optimized version of the original macd indicator. Projected Low X - Current High 2) Close of the most recent bar is greater than the open: (2 * Current High Current Low Current Close). A significant push is required in order to break these levels. Accordingly, if the market moves beyond the noise bands, it indicates participation from higher timeframe traders. The high degree of leverage can work against you as well as for you.
The Average Daily Range, namely adding it to the current low (high projection or subtracting it from the current high (low projection ). Daily Range Projections - indicator for MetaTrader. Open 1, High 1, Low 1, Close 1 - yesterday s prices. Anticipated low price for tomorrow: Min X - High.
Average Daily Range (ADR) Projection
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No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. Daily, expansion Bands, namely the larger of (High Open) and (Open Low) averaged over N days, showing us the average expansion beyond the daily noise. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd's, options or other financial products. If the open is within the projected range, it should stay within that range. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, commodities and forex markets. The past performance of any trading system or methodology is not necessarily indicative of future results. Tom Demark also developed the technical indicator - the. 1) Close of the most recent bar is less than the open: (Current High 2 * Current Low Current Close).
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