1.DJPVT
Explanation Pivot Point
Pivot PointsIndicator is a simple pivot indicator that would give basic information such as Daily Pivot Points, Support 1, Support 2, Support 3, Resistance 1, Resistance 2, and Resistance 3.
The advantages of pivot points compared to other Support & Resistance methods, namely every trader around the world uses the same formula to calculate pivots so they are the most frequent market psychology level used by traders to make decisions.
The basic principles of Pivot are:
- Usually when the price is opened above the pivot, psychologically the price will go up (although not always) and vice versa.
- Prices tend to try to break pivot, support & resistance levels.
- If the momentum is strong then the price will break the pivot towards support or resistance but if the momentum is weak then the price will reverse direction. • If the price does not touch the pivot, it usually tends to move away from the pivot.
Explanation of Range Daily
Range Daily Is the Range of High and Low Movement to determine the exit level Maximum trades, including Taking Profit and Stop trades in one day, this level will change every day. In addition, this indicator is also useful so that we don’t until over trade.
2. DJ X6 DJ X6
indicator in the form of points / arrows can be used to determine the trend that will take place. This indicator does not repaint, DJ X6 issues an alert when there is a change in trend / new signal.
3. DJ CSM
DJ CSM provides visual information on the current trend based on the analysis of more than 5 indicators that are displayed visually on the chart, you can adjust the settings of all the indicators in the input parameters. DJ CSM displays the following information in the lower right corner of the chart:
- Forex Currency Strength Meter is a type of Forex indicator that functions to measure the index of the strength of one currency against another. With this indicator, you don’t need to open multiple charts at once to perform trend analysis (correlation between currencies)
- Moving Average Trends is an indicator that displays the average value of price data in the time period M1, M5, M30, H1, H4, D1 and W1 . – MACD is a technical indicator that can help you identify changes in direction.
- MA-X indicator on the basis of crossovers 5 SMA periods (periods can be changed).
- Buyer & Seller Volume displays the average volume of buyers and sellers, helping you see the strength of buyers and sellers.
- Spread This indicator can be relied upon in knowing the spread changes. For those of you who need information about spreads, changing spreads, or periodic changes, this indicator is for you. Knowing the spread is an important factor before you open a position. Because when the spread is widened or suddenly the open time is immediately floating 15 points or 30 points of course
4. DJ ROCK
DJ ROCK appears in the sub-window Providing Trend Information in the form of a Histogram
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