Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I just want to thank you Sunwest! I haven't had time so far to test it precisely, but it looks ok. I'd be happy if somebody else find this indicator usefull as well.
Please would you be so kind to write indicator according this rule ?
Measures Professional Buying vs. Public Buying
Developed by Larry Williams, this indicator would have two lines: The Public Buying (red line) at the beginning of the day and the Professional Buying (green line) at the end of the day.
This technique is to create two Advance/Decline lines.
* The Public Advance/Decline line is constructed by using the change from yesterday's closes to today's open.
* The professional Advance/decline line is constructed by using the change from today's open to today's close.
The lines are calculated by taking a moving average, normally 14-days, of the results.
This study is only for daily charts and can be used to highlight divergences between the Professional Advance/Decline (green line) and the price. The common interpretation of this study is if the Professional line (green) goes below the Public line (red) it is a sell signal and if the Professional line (green) goes above the Public line (red) it is a buy signal.
Hi,
Yes!! I am interested as well in such indicator, Please would you be so kind to help to write this indi. It would be great contribution to this forum.
The Ultimate Oscillator is a trading tool developed by Larry Williams, that is very good at identifying overbought and oversold periods in price.
In this tutorial you will learn how to trade this awesome tool.
Linear Mode
