Absolute Gains 3.0

Metatrader Indicator (MT4)

  • Overview

    This indicator calculates how much has an instrument won or lost in percentage terms on each bar displayed in the chart.

    • 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 gray line represents the average win/loss per bar
    • Labels are plotted on each bar displaying the % win/loss for the bar

    ...with straightforward trading implications, depending your trading approach.

    • 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
  • Input parameters
    Input parameters

    When loading the indicator or EA to any chart, you will be presented with a set of options as input parameters. Don't despair if you think they are too many, because parameters are grouped into self-explanatory blocks.

    Max History Bars
    Number of bars to evaluate when the indicator is loaded
    MA Period
    Averaging period to calculate the average price movement in the oscillator
  • ? FAQ
    Does the indicator repaint?
    No, it does not repaint.
  • Comments

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Screenshots

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