What is DJ Market PRO indicator?
Forex DJ Market Pro indicator represents a trading system proficient in technically analyzing market movements with precision. It boasts a user-friendly and straightforward interface. When utilized correctly, it has the potential to enhance your trading success rate and optimize profits.
Key features of DJ Market Pro Strategy:
- Platform to use – MetaTrader 4
- Timeframe for trading: from M5 and above
- Assets for use: any
Components of DJ Market Pro indicators System
The Forex DJ Market Pro system is a trader’s toolkit for visually decoding market trends, amalgamating over five key indicators into a single, comprehensive chart display. Traders have the liberty to tweak each indicator’s settings through input parameters, tailoring the system to their strategic preferences. Located in the chart’s lower right quadrant, the DJ Market indicator dishes out vital info:
- Forex Currency Strength Meter: This tool measures the muscle of one currency against its counterparts, negating the hassle of juggling multiple charts for correlation analysis.
- Moving Average Trends from DJ Market MT4 system: Crunching numbers over various time frames like M1, M5, M30, H1, H4, D1, and W1, this indicator averages out price data, offering a snapshot of prevailing market directions.
- MACD (Moving Average Convergence Divergence): A critical technical indicator that flags potential shifts in market momentum.
- MA-X: Leverages the crossover of a 5-period SMA (with adjustable periods), offering another lens to view market dynamics.
- Buyer & Seller Volume: Reveals the average clout of buyers versus sellers, giving traders a peek into the power play between the two.
- Spread Indicator from DJ Market MT4 system: A must-have for those keen on spread gyrations. It shines a light on spread volatilities – a game-changer for those strategizing around spread fluctuations, periodic changes, or abrupt shifts. Grasping the spread is essential, especially considering a wide or sudden spread could swing a position by 15 to 30 points.
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