Liquidity Hunter, Ghosttrader Chart Setup, World Daily Range Indicator, and more...! |
| Here on useThinkScript, we dive deep into the latest discussions and highlight the most valuable indicators, set ups, and strategies which could give you the edge in this week's markets. Scroll down to check out this week's must reads, carefully selected by uTS Moderators! |
| OGK said: The Average True Range (ATR) indicator is a technical analysis tool that measures the volatility of an asset. It can be used to create a trading strategy by identifying periods of high volatility and making trades based on those conditions. |
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| whoDAT said: Indicates Daily Range and Which Market is Open (US, AUS, JP, UK). This indicator shows simple range lines for the prior day (or other period). Showing you the range of the prior day's high and low. Uniquely, the indicator shows which market is open by coloring the line differently based on the time of day. In the image below, the time of day the Australian market is open is painted green; Japan is red; UK is blue; and US is white. |
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AVAILABLE TO VIP MEMBERS ONLY |
ghosttrader said: My set up. Got many of the indicators here as I am a paid member. I have set up my active trader for an automatic 3:1 gain/loss ratio. I wait until everything says buy; bottom of standard error channel, long signal, wavetrend cross, and TTM Squeeze signal. I like a simple, clean chart. Follow time and sales on another chart for order flow. I follow no more than 5 high volume stocks that I know well and pick the best setup off a 5 day 15min and 6 mo daily chart all with the same indicators. My trifecta is when all 3 charts have... |
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| netarchitech said: The Dynamic Volume RSI (DVRSI) is a unique indicator designed to provide more accurate and responsive signals by incorporating both price movement and volume sensitivity into the RSI framework. It begins by calculating the traditional RSI values based on a user-defined length and price source, but unlike standard RSI tools, the DVRSI applies volume-weighted adjustments to reflect the strength of market participation. |
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FROM THE ARCHIVES |
| samer800 said: The Liquidity Hunter helps traders identify areas in the market where reversals may occur by analyzing candle formations and structures. |
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