Prometheus Smart Money
Prometheus Smart Money – is an indicator that combines price and volume, with calculations based on smart volume, retail volume and other custom indicators. It is possible to create the leading indicator that can show vysokoveroyatnostnye price movements to help decide which way is most likely the market will go in the near future.
- It can be used in all financial markets, including binary options across all asset classes or instruments.
- It can be used as a separate display or confirmation tool with other indicators.
- Smart Volume – smart volume recommended period for calculation is 10 or 20
- Bulls & Bears – the number of stories of bars for the calculation of the retail volume by default – 100
- Probability Alert – the use of the alert on the screen in the event of conditions for potential vysokoveroyatnostnoy transaction. Works only when codirectional intelligent volume retail and high volume percent probability.
- 0% – 30% – a low probability
- 30% – 60% – average probability
- 60% – 80% – is a high probability
- 80% – 90% – possible reversal
- 90% – 100% – a strong trend
Requirements for entry
- Clusters are the focus indicator – the height of the bars and the number of bars in this cluster
- The last cluster is compared with previous clusters bulls [blue] and bears [red] to determine who controls the market
- When clusters of smart volume, retail volume and per cent probability the same direction, there is potential deal vysokoveroyatnostnaya
- Login must be carried out only in the vicinity of the structural level – or after the breakthrough of this structural level, a rebound from this structural level, as shown in the figures, depending on your strategy
- For maximum efficiency, use on a minute or 5-minute chart
- Test this on a demo account indicator for at least 2 weeks. Practice – the path to perfection.
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