Description
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SETUP INFORMATION
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Advisor: ClusterDeltaExpert v.4.12 iBWMFI
Time: M5
Currency pairs: All major currency pairs
Minimum Deposit: $10,000 on a Regular account or $100 on Cent account.
Starting lot: 0.1
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ADDITIONAL INFORMATION
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Information on volumes provides a real picture of exchange trades visually displaying areas of high demand for a market instrument.
As a rule, a serious surge in market activity (volume) implies the end of the current asset movement trend (the end of the current trend).
A sign of a reversal will be the lack of demand or supply for this asset, this can be determined using the Bill Williams market facilitation indicator.
MFI on its one magic bullet – a squat bar that forms into a fractal at the local maximum or minimum and then kills the trend.
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The algorithm of the Advisor ClusterDeltaExpert v.4.12 iBWMFI
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The Expert Advisor takes data from the volume indicator, ClusterDelta_PremiumVolume_4.1 which provides information on the total volume for each bar and compares the current maximum volume with the previous one as a percentage.
In setting the advisor, there is a parameter for the minimum volume, 1000, the advisor remembers this volume, then the condition for opening a transaction must be fulfilled; a candle with a large volume will appear; the body in the points of which you yourself specify in the settings of the adviser with the Body parameter; the length of the body of the candle, the following condition for entry is the deviation in percent of the delta from the current candle for it is the parameter VolumePercent; The percentage of the candle body length (the Body parameter) is then filtered by the built-in indicator in the Bill Williams adviser MTF and at the moment when the volumes are abnormally increased, and the value of the MFI indicator dropped, which is indicated by the presence of the squatting blue bar according to the MFI indicator who prevails in the market as bulls or bears, and decide on the entrance to the right direction, i.e. analyzes the entry for closing the bar when it closes below or above its base by 2/3 of the bar and therefore opens a trade in the backside a specified direction.
DISCLAIMER:
The EAs sold on our channel are not created by us.
We are authentic EAs, Indicators resellers.
Their performances cannot be guaranteed or predicted by us.
Past performance is not a guarantee for future results.
All products are sold on ‘as it is’ basis and only the version mentioned is being sold.
Future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.
EA updates are thus not automatic and not guaranteed.
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