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

Control level:
The control level can be between 25 to 35.
25(early signal) or 30(more secure signal) are good


Coloring:
Style 2 can identify local min and max ...when the color switches

andrei-1 wrote: Tue Dec 14, 2021 6:25 am

Yes it similar to adx..but better.(no laggy,no spiky,better direction,one control level)
Vtp has a winrate of 68
The adx has a of like 36
Nice notice...in the original creators page,that I got the code of...the same note was there

Because there are similar...this confirms that the vtp(redk-tpx) is a volume indicator

yisrael wrote: Tue Dec 14, 2021 5:43 pm THE VTP (VOLUME TRADER PRESSURE) IS BETTER BY 2% THAN THE WADDAH ATTAR EXPLOSION AND IT DOES ALMOST DOUBLE THE TRADES.
Vtp has a winrate of 68
The adx has a of like 36

It could be funny, if people - just for once - were aware of the fact that he gives percentages without any references whatsoever (percentages of what?).
Better by 2%; double the trades, really?
For all traders? With all instruments? With any strategy? On all TFs?
How did he test? (strategy? entry? exit? SL?)
How many trades did he use as a sample (4, 500, 20000000?)?
Which instruments did he test it on?
None of these questions are asked by anyone. Are they irrelevant? Most likely

yisrael wrote: Tue Dec 14, 2021 5:43 pm Yes it similar to adx..but better.(no laggy,no spiky,better direction,one control level)
Vtp has a winrate of 68
The adx has a of like 36

It is clear that you understand what you are talking about. There's not much time to figure it out right now. It should be interesting to check out the adx theme on the site.

There is something to think about.

andrei-1 wrote: Tue Dec 14, 2021 7:51 pm There is something to think about.

What is ur point???...pls I don't like "sniffing my fingers"

josi wrote: Tue Dec 14, 2021 6:17 pm It could be funny, if people - just for once - were aware of the fact that he gives percentages without any references whatsoever (percentages of what?).
Better by 2%; double the trades, really?
For all traders? With all instruments? With any strategy? On all TFs?
How did he test? (strategy? entry? exit? SL?)
How many trades did he use as a sample (4, 500, 20000000?)?
Which instruments did he test it on?
None of these questions are asked by anyone. Are they irrelevant? Most likely

Here is proof...now stop

yisrael wrote: Tue Dec 14, 2021 8:30 pm Here is proof...now stop
https://m.youtube.com/watch?v=lY5mNp2-hLI

you call it proof,
I call it an advert