Presenting The Ultimate Reversal Trading Package…
Prepare to elevate your trading to a higher standard by harnessing the potent synergy of Multi-Osc OB/OS Overlap, KingRenko$ bar, and EOB Ordering ???
By amalgamating Multi-Osc OB/OS Overlap’s precision in detecting reversal signals, KingRenko$ bar’s clear depiction of entry points, and EOB Ordering’s swift trade execution prowess, you can significantly boost your trading precision and effectiveness in ways you’ve never experienced before.
Multi-Osc OB/OS Overlap (Multiple-Oscillator Overbought/Oversold Overlap) is an indicator that combines three widely used oscillators – Money Flow Index (MFI), Relative Strength Index (RSI), and Stochastic – to produce dependable reversal signals. When the overbought or oversold zones of all three indicators overlap simultaneously, it provides traders with a more reliable indication of an impending overbought or oversold condition. The entry signal generated by Multi-Osc OB/OS Overlap is the appearance of a REVERSAL candle right after the overlapping region.
Now, let’s understand why KingRenko$ bar is valuable when trading with Multi-Osc OB/OS Overlap. Since the signal produced by Multi-Osc OB/OS Overlap is a reversal candle, KingRenko$ bar assists Multi-Osc OB/OS Overlap in clearly identifying this reversal candle for generating a trading signal. Additionally, KingRenko$ bar helps traders in accurately pinpointing entry points relative to the actual market price because all prices within a KingRenko$ candle are genuine market prices.
What’s the significance of including EOB Ordering in this combination? EOB Ordering was purposefully crafted to expedite the order placement process, reducing it to mere milliseconds (1 millisecond equals 1/1000 of a second). This means that EOB Ordering enables swift and automated order entry, even in a highly dynamic market. Its capability to identify reversal candles for order entries aligns perfectly with the clear entry signals provided by Multi-Osc OB/OS Overlap on an automated basis.
What an impressive blend: Multi-Osc OB/OS Overlap + KingRenko$ bar + EOB Ordering! To offer a straightforward and concise demonstration of how this potent package operates, we’ve prepared the following video for your viewing pleasure. Let’s observe it in action!
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NinjaTrader 8 version:
- 04 May 2023 – The package was released.