Ultra Wizard indicator produces an internal technical analysis of market conditions on the basis of readings of indicators ( MACD , Stochastic, etc.), and outputs the coefficients of the trend with its strength.
Ultra Wizard indicator
The main variables forex indicator Ultra Wizard:
Probability - calculation of the percentage ratio for all the parameters listed below and the recommended direction of trade.
Multi-Info + - percentage effort. 13 is calculated by standard indicators of 7 timeframes .
Indice Strength - the strength of the trend. It is calculated on the movement of prices over the past 24 hours.
Currency Pair Range - the ratio of efforts in a pair. It is calculated by the correlation of 8 major currencies in 19 pairs.
MACD Indicator - trend direction for the MACD indicator
Stochastic Indicator - the trend direction of the stochastic.
Conditions for the short positions:
1) Multi-Info +: more than 75
2) Indice Strength: 0-1-2
3) Currency Pair Range: The difference between the coefficients of exchange forces (direction) of 5 or more. Example 0-5 2-8
4) LEDs 4 and 5 red, down arrow.
Conditions for the open long position:
1) Multi-Info +: more than 75
2) Indice Strength: 7-8-9
3) Currency Pair Range: The difference between the coefficients of exchange forces (direction) of 5 or more. Example 7-2 9-3
4) LEDs 4 and 5 green up arrow.