Re: Volume trader pressure (redk-tpx) indicator for mt4 by yisrael

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yisrael wrote: Mon Dec 13, 2021 6:26 pm THE VTP (VOLUME TRADER PRESSURE) IS BETTER BY 2% THAN THE WADDAH ATTAR EXPLOSION AND IT DOES ALMOST DOUBLE THE TRADES.

IT ANALYSIS IS DEPENDANT ON THE PREVIOUS TWO CANDLES ,SO IT IS NOT LAGGY.

COMPONENTS.
>GREEN LINE IS THE BULL PRESSURE.
>RED LINE IS THE BEAR PRESSURE.
>WHITE LINE IS THE NET PRESSURE.
>THE BLUE AND YELLOW CROSSES ARE DEPENDENT ON THE NET STYLE,(0) IS NO STYLE,(1) IS EVERYTHING THAT IS ABOVE ZERO IS BLUE-EVERYTHING THAT IS BELLOW
ZERO IS YELLOW,(2) ANYTHING THAT IS INCREASING IS BLUE AND ANYTHING THAT IS DECREASING IS YELLOW
>THE IS A CONTROL LEVEL 25, NOTE ANYTHING THAT IS BELLOW THE CONTROL LEVEL IS CONSIDERED RANGING

BULLISH SIGNAL
THE GREEN CROSSES THE RED LINE ...WHILE THE GREEN LINE IS ABOVE THE CONTROL LEVEL AND THE NET PRESSURE IS ABOVE ZERO
BEARISH SIGNAL
THE RED CROSSES THE GREEN LINE ...WHILE THE RED LINE IS ABOVE THE CONTROL LEVEL AND THE NET PRESSURE IS BELOW ZERO

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redk-tpx.mq4
Interesting..Can you make it mtf?




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