Porsche Dots Indicator for ThinkOrSwim TOS
$132.00
Product Include:
File size:
- Description
Description
Porsche Dots Indicator for ThinkOrSwim TOS
**More information:
Get Porsche Dots Indicator for ThinkOrSwim TOS at bestoftrader.com
Description
Included Indicators:
ABC Waves Indicator
The ABC Waves were built by a third party developer from an algorithm comprised of various moving averages and oscillators. The idea behind the waves is to visualize the overall strength and direction of a given market across multiple time frames.
There are 3 separate waves that make up the ABC Waves. The “A Wave” measures short term relative strength and direction of a market, the “C Wave” measures longer term strength and the “B Wave” plots the same for a medium time period.
Porsche Dots
The Porsche Dots are a new and different way of looking at the ABC waves. Instead of having the waves take up the subspace on your chart, you can now apply them directly to the price action itself.
The 3 “Porsche Dots” correspond to the ABC Waves. The yellow dot is the A wave, the blue dot is the B wave, and the magenta dot is the C wave.
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
