Re: The FNC Greedy System

1637
The description and chart snapshots do not provide an understanding of the trading strategy.
I have only read "How It Works" and "How to Use the Indicator" in "Volatility Quality NRP - Stridsman 2 indicator", but I don't know.

In particular, we do not know about the latter three sentences.
> Look for spikes in the histogram, which may indicate a breakout or the start of a strong move. Multi-Timeframe Confluence:
> Compare the current timeframe's signals with higher timeframes for stronger confirmation. Alerts for Action:
> Configure alerts for signal changes or threshold crossings to act on high-probability setups.
Mokeji wrote: Sat Jan 25, 2025 1:28 am Here is it. It works.
Mokeji wrote: Fri Jan 24, 2025 6:37 pm Funchi!
Could you be kind to add these good indicators? Thanks as always.

Volatility Quality NRP - Stridsman 2 indicator
How It Works
The Volatility Quality NRP - Stridsman 2 indicator uses a combination of:

Volatility levels: To measure the intensity of price movement.
Trend direction filters: To identify the likely direction of the market.
Thresholds: To distinguish between strong and weak market conditions.
The histogram values typically indicate:

Green bars: Positive volatility (bullish trend).
Red bars: Negative volatility (bearish trend).
Neutral (flat or small) bars: Low or unclear volatility (sideways market).

How to Use the Indicator
Trend Confirmation:

Use the histogram to confirm the direction of the trend. Enter trades when the histogram shows consistent green (buy) or red (sell) bars.
Volatility Breakouts:

Look for spikes in the histogram, which may indicate a breakout or the start of a strong move.
Multi-Timeframe Confluence:

Compare the current timeframe's signals with higher timeframes for stronger confirmation.
Alerts for Action:

Configure alerts for signal changes or threshold crossings to act on high-probability setups.


Forex Entry Point Indicator
How It Works
The Forex Entry Point Indicator typically uses a combination of:
  • Moving Averages: To identify the overall trend direction.
  • Volatility and Momentum: To determine the strength of market moves.
  • Support and Resistance Levels: To validate entry points near key price zones.
The indicator analyzes price movements and generates signals when specific conditions are met:

How to Use the Indicator
  • Buy Signal: Triggered when the market shows upward momentum, and the price aligns with the trend direction.
  • Sell Signal: Triggered when downward momentum is detected, and the price aligns with a bearish trend.
1. Entry Points:
  • Follow the buy/sell signals provided by the indicator.
2. Avoid Choppy Markets:
  • The indicator performs best in trending markets.
Balance of market power nrp_alerts-0.3

How It Works
The Balance of Market Power (BoMP) formula compares the difference between closing and opening prices against the total price range (high to low) of a given candle. It’s expressed as:
BoMP=(Close−Open)(High−Low)BoMP = \frac{(Close - Open)}{(High - Low)}BoMP=(High−Low)(Close−Open)
This calculation determines the level of dominance exerted by buyers or sellers during the candle's formation:
  • A positive BoMP value indicates buyers were in control.
  • A negative BoMP value indicates sellers were in control.
  • Near-zero values suggest indecision or balance between buyers and sellers.
How to Use the Indicator
1. Trend Confirmation:
  • Look for consistent positive (bullish) or negative (bearish) histogram bars to confirm the market trend.
  • Enter trades in the direction of the dominant market power.
2. Reversal Signals:
  • Pay attention to shifts in the histogram from positive to negative or vice versa, as these may indicate potential trend reversals.
  • Combine with support and resistance levels or candlestick patterns for stronger confirmation.
3. Divergence Detection:
  • Spot divergences between price action and the BoMP histogram. For example:
Bullish Divergence: Price makes lower lows, but the BoMP histogram makes higher lows.
Bearish Divergence: Price makes higher highs, but the BoMP histogram makes lower highs.
4. Alerts for Signal Changes:
  • Use the alert system to notify you of significant changes in buying or selling pressure, reducing the need for constant chart monitoring.
funchi's daughter


Who is online

Users browsing this forum: Bing [Bot], Google [Bot], hassan5041, mazibee, ricosuaveiii, Samoth, traderokey and 46 guests