Optimum Marking indicator gives buy & sell signals at the optimum marking up/down level of the price. You can trade consistently using multiple timeframe analysis.
This indicator is a useful tool for scalping as well. Never miss your entries with audio alerts.
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This Indicator looks for trend and volatility in order to generate buy and sell signals. If you can manage the entry correctly then you can gain consistent points in the market.
Optimum Marking indicator can be traded with other indicators that we provide for better entries and exits.
PORK indicator will show you better location to take the trades with good stop loss and take profit levels.
Wave Manager indicator will draw Elliott waves for you, so that you be confident of your trade entry.
Optimum Marking Indicator Benefits:
- No parameters to configure except Audio Alert
- Can be used for scalping
- Can be used for day trading
- Can be used for long term investing
- Visual Signals on the Chart
- Audio Alerts can be configured by simply selecting sound file name
- Can be used on any timeframe
Indicator Properties Window:
Chart Examples:
As you can see on the 1 minute chart to the left, Optimum Marking indicator generated buy signals initially. Later, it started providing you with sell signals. Out of 6 signals generated on this chart, 5 could have made profitable trades
As you can see on the 10 range chart to the right, Optimum Marking indicator generated 3 sell signals initially. In the middle of the chart it provided 1 buy signal. Later, it started providing you with 2 sell signals. Out of 6 signals generated on this chart, 4 could have made profitable trades
As you can see on the 300 Tick chart to the left, Optimum Markingindicator generated 4 buy signals initially. Later, it provided you with 1 sell signals. Out of 5 signals generated on this chart, all could have made profitable trades
As you can see on the Daily chart to the right, Optimum Markingindicator generated 4 sell signals and 6 buy signals. Once these signals were generated on daily time frame you could have easily traded them on lower time frame for better entries and quick exits.