The second part will calculate new highs on each tick vs new lows on each tick.... it will tell you exactly when the bar or candlestick for the stock or futures contract you are trading is about to shift and start heading in the opposite direction.....
So one gives you ranges..and the second will confirm the true direction change of the security.
If the stock or futures contract hits the lower range....you will only enter a buy order when the second indicator gives you a signal that the stock or futures is about to make a higher high on a short term basis.
Is it simple to use?Yes....When you order...you will receive detailed instructions and chart illustrations that are broken down step by step. We made it simple enough so that anyone, a new or seasoned trader can understand it very clearly.
This indicator used to sell to hedge funds and market makers for 6 figures when it was first released. The suggested price for this indicator is high for hedge funds and instituions,
For Forex: It is compatible with MT4, Esignal, & NinjaTrader. You will receive the 2 indicators by email for download onto your platform after purchase.
For stocks: It is compatible with MT4, Esignal, & NinjaTrader PLUS Everyone who orders this indicator will receive advanced real time streaming charts which already has this indicator installed for FREE. These charts are very easy to read and are very advanced. We also have pre-installed this indicator on a few popular platform... too many to list here. After you purchase, we recommend checking on your existing platform to see if it is installed, if it doesn't... you can always use the advanced free charts we supply you with.