id Relative Charts 1.1
Indikator Metatrader (MT4/MT5)
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ℹ Ikhtisar
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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Parameter Input
Saat Loading EA ke dalam chart apa pun, Anda akan disajikan dengan satu set opsi sebagai parameter input. Jangan putus asa jika Anda berpikir mereka terlalu banyak, karena parameter dikelompokkan ke dalam blok penjelasan diri.
- 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
