de Relative Charts 1.1
Technischer Indikator für Metatrader (MT4/MT5)
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ℹ Übersicht
The Relative Charts indicator creates a mean-reversion chart using a moving average as a reference, effectively detaching ourselves from the changing value of fiat currencies.
- Get a mean-based view of the market
- Find real overbought/oversold situations easily
- Isolate your perception from the changing value of fiat currencies
- The center line represents the moving average
- Your imagination is the limit with this indicator
- Customizable chart period and bollinger bands settings
This indicator is especially useful to trade assets denominated in fiat currencies -like commodities, shares or stock indices- because the value of these currencies is not stable over time, rendering long-term technical analysis unreliable.
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Eingabe-Parameter
Wenn Sie den Experten in ein beliebiges Diagramm laden, wird Ihnen eine Reihe von Optionen als Eingabeparameter angezeigt. Verzweifeln Sie nicht, wenn Sie denken, dass es zu viele sind, denn die Parameter sind in selbsterklärende Blöcke gruppiert.
- Chart Period
- The period of the moving average to use as a reference. Recommended values are 50 (short term), 100 (mid term) or 200 (long-term).
- MA Period
- Period for the Bollinger Bands indicator.
- Deviations
- Deviation multiplier for the Bollinger Bands indicator.
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FAQ
- Does the indicator repaint?
- No, it does not. Once a bar closes, it will not repaint.
- How can I trade it?
- Look for longs when the price is below the center line and the lower bollinger band. Likewise, look for shorts when the price is above the upper bollinger band.
- Does the indicator implement alerts?
- No, it does not.
Screenshots
