Bubble And Drops Indicator

Bubble And Drops Indicator is a type of predictive indicators, ie, an indicator based on its analysis attempts to predict future price movement.

The basis of this indicator fell hypothesis about the waves of vibration damping and then using these elements in the analysis graph can be more likely to predict future price movement based on "experience" of historical data.



In mathematics, the calculations use the formula of the simplest indicator of fade:

F (x) = a / x * sin (x * a) ,

where a - amplitude ;

Amplitude in this case is calculated as the difference between the opening and closing price.

Indicator parameters:

historyDeep - the number of candles (bars) in the story, for which the indicator has been calculated;
future - the number of bars in the future to draw the indicator.

Description of parameters:

parameter «history Deep» responsible not only for the history of graphics, but also for the first bar at which to begin calculation of the indicator. For example, if the parameter is the number "150" , it means that the indicator will report at the end of the story of 150 candles (bars) and in the 150th candle will begin the calculation of waves from the beginning to the end, all the candles behind the 150th will not be taken into account, and the line indicator will be horizontal. The greater the value will be "historyDeep" , the greater the amplitude indicator line;

line, which is responsible for drawing the future movements, there is (by default) in a different color, and setting «future» allows you to set the desired number of bars in the future to predict the indicator, respectively, the larger this parameter, the longer will be "predictive" part of the indicator line.

In this indicator the same way you can adjust the color, type and thickness of any of the indicator lines.

The use of the trade:

as this indicator is independently predict the behavior of prices in the future, the total probability that you can rely on these predictions, adding to this strict money management and setting the lowest percentage of risk in each transaction at the same time to build an entire trading system based on only one indicator.

But experience shows that trade with only one forex indicator is most often not very rational, and sometimes even dangerous to your deposit. Therefore, the author proposes to use one or two supporting forex indicator that will filter the majority of false alarms.

Download Bubble And Drops indicator for MT4