Point Of Control

Strategy and indicators are explained on the Chart.

Here's how i read the chart.

Entry:

1. Let the price close above the Ichimoku cloud
2. Price is above Volume Support zone
2. Make sure that momentum indicated with Green Triangles for Long Position


Exit:

1. Orange cross at the bottom of the candle indicates price is about to weaken
2. Best time to exit is Volume Resistance + Bearish(Hammer or Engulf )

PS: Use it along with R-Smart for better results

Notas de prensa:

Cosmetic Update: when price goes beyond fair price, orange cross will be displayed on top of the candle

Notas de prensa:

1. Far Volume indicator is visible
2. Added code to validate Fair value on D,W,M timeframe

Notas de prensa:

1. Removed less used Far Volume indicator
2. Added Volume Weighted Moving Average
3. Added Keltner Channel, this provides additional momentum validation. Use only "Upper" line in KC, along with Green Triangle to stay in Strong Momentum.
4. some minor changes like color and default values.

Notas de prensa:

1. upgraded to version 5
2. Renamed titles in Indicators

Notas de prensa:

Cosmetic Updates.