Absolute Strength Market v1 Forex indicator technique (MT5)
The technical indicator MT5 Absolute Strength Market v1 is a multi time frame MTF indicator.
The use of upper time frame, such as multi time frame or MTF system, to determine the general trend of short-term market and the long term and can anticipate the entry points and exit the trade with a vision overall market.
If the signal analysis in multiple unit of time corresponding to the different time frame, the trading signal is enhanced
Broker - Broker Online : Trading Platform Metatrader MT5
Interpretation Signals And Rules Of Trading
For each time frame, Absolute indicator market Strength determines v1 6 different market conditions:
. Bull (Bull Market)
. Bear (Bear Market)
. Correction in a bull market (Bull Market Rally)
. Correction in a bear market (Bear Market Rally)
. Choppy Market (Choppy Market)
. Market flat or flat (Sideways Market)
Market conditions are defined by the combined signals of a moving average with RSI, stochastics and DMI.
Read more about the rules and trading signals:
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Stock Chart - Trading Analysis
Trade Example
Exchange and Financial Markets
Trading currencies forex
Symbol GBP / USD
Time Frame: 1 Hour - H1
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