Bounce

Bounce Strength Indicator – indicator MetaTrader 4

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Bounce Strength Indicator default settings
Bounce Strength Indicator (BSI) shows the strength of bounce according to the Wyckoff method. After a move higher, the stock moves into a flat consolidation with a clear support level. Chartists should watch action closely as prices approach support. A high volume surge off support, also known as a springboard, is the first sign that … Read more

Bounce Strength Indicator 2.0 with Tango Line – indicator MetaTrader 4

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Bounce Strength Indicator v2.0
Bounce Strength Indicator (BSI) shows the strength of bounce. It now works in trend and uses Tango Line calculations. There is no difference in the basic concept, but I tried to remake it from a different angle. I used the width of the range as a measure to measure (like a classical oscillator). This version … Read more

Bounce Number for Grid/Martingale strategies Lot Sizing/Order Count set – EA MetaTrader 4

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Image No. 1
Lot sizing and/or Number of trades for strategies like Grid and Martingale are very important. We always ask about what happened in history of a symbol during range zones and How Many Times price bounced between two price of a Range Zone?! This is what I define as Bounce Number. It can be calculated by … Read more