Thermometer of Market
Measure the temperature of the market Like a thermometer .The function of this indicator is to measure the temperature of the market ,it is just like that using a thermometer to measuring water temperature, directly to show where the market is running and where it is likely to reach.
- Pivot Point is a resistance and support system. It has been widely used at froex,stocks, futures, treasury bonds and indexes. It
is an effective support resistance analysis system.
- Average True Range(ATR) is used to measure the volatility of market prices. ATR represents the actual situation of the
market in the past period of time, and in many cases reflects the energy of the recent market.
- Mraket has its own rules,sometimes the market is very gentle, sometimes is very strong waves. based on Pivot
Point and ATR, we can predict the where the market is most likely to go and where it is most likely to back.
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