PVA Candles This replaces the VSA Candlesticks indicator. It provides bullbear coloring for the "rising" volume situations and applies "climax" coloring to extreme "rising" volume situations. Bar widths can be controlled from the Filled Dragon indicator.
If the Filled Dragon indicator is not used, the PVA Candles indicator can control bar widths and can provide the chart zoom signal that other indicators require to execute their code properly. PVA Volumes This replaces the VSA Histogram indicator. It provides bullbear coloring for the "rising" best forex trading software for mac volume situations and applies "climax" coloring to extreme "rising" volume situations. Bar widths can be controlled from either the Filled Dragon indicator or the PVA Candles indicator. Trade Levels This replaces the need for MT4 trade level lines. Based on manually input values, the indicator provides lines for EPs, average of EPs, best forex trading software for mac TPs and SLs. The lines are color coded, include price labels, and make for a cleaner chart.
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The placement of lines and labels is determined by the chart zoom setting used in either the Filled Dragon indicator or the PVA Candles indicator. After the initial Classic entry, there are sometimes pullbacks which set up the opportunity for “re-entries”. There are at times early in a price reversal that a Classic setup has not yet formed but price action alone suggests an entry opportunity. Such best forex trading software for mac an early entry to a reversal is best forex trading software called for mac a “Scout” entry, and two examples of pure price action that support best forex trading software for mac a Scout entry are: 1) a suitable pattern of HLs, and 2) a best forex trading software for robot trading yang bagus break mac out from a consolidation area.System is to use PVSRA to determine if the price moving entities are bulls or bears and have turned the price to start making profits, and then trade Classics and Scouts only in best forex trading software for mac that appropriate direction. PVSRA PVSRA stands for Price, Volume, Support, Resistance Analysis. Price forex mac software best trading for includes consideration of individual candlestick configurations as well as the pattern, or flow of price action in general.
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It is the "run for profits" mode that we want to trade. Bulls can repeatedly move prices down for buying (position building) before they start moving prices up for profit, but even during their run up for profits they can repeatedly pull prices back down to add more longs ( trading opportunity ). Bears can repeatedly move prices up for selling (position building) before they start moving prices down for profits, but even during their run down best forex trading software for mac for profits they can repeatedly pull prices best forex trading software for mac back up to add more shorts ( trading opportunity ). We can determine if these entities are bulls or bears, but we cannot know when they will finish best position forex trading software for mac building and turn prices in the profit making direction.To avoid getting trapped in a prolonged position building phase by these entities, it is best to wait for a trading opportunity in the run for profit phase instead.
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