Absolute Gains 1.0

Metatrader (MT4) Indicator

  • Overview

    The Absolute Gains indicator calculates how much has an instrument won or lost in percentage terms during a period of time. It is useful to identify patterns, and find oversold or overbought situations.

    • Identify market patterns
    • Find decisive price movements
    • Be suspicious about overbought/oversold situations

    It is an extremely easy to use indicator...

    • The blue histogram represents winning bars
    • The red histogram represents losing bars
    • The blue line represents the average winning bar
    • The red line represents the average losing bar
    • The gray line represents the overbought/oversold level

    ...with straightforward trading implications.

    • You can buy after an oversold bar takes place
    • You can short after an overbought bar takes place
    • You can buy after a decisive winning bar
    • You can short after a decisive losing bar
  • ? FAQ
    Does the indicator repaint?
    No, it does not repaint.

Screenshots

Absolute Gains Indicator for Metatrader
Absolute Gains Indicator for Metatrader
Absolute Gains Indicator for Metatrader
Absolute Gains Indicator for Metatrader
Absolute Gains Indicator for Metatrader