Depth House Trend and Reversal Candlestick Indicato r is a custom trading tool designed to help traders determine trend direction, and possible trend reversal points. Here is a video which I give a brief overview and show it in action: youtu.be How it works: Based on the default settings, there are 5 primary colors that each have their own possible...
DepthHouse ATR Bands works very similar to the well-known Bollinger Bands. However, these bands are calculated slightly different. Instead of using the standard deviation formula, ATR Bands determines the size of the bands based on the average range. How to use: The bands tighten while the markets’ range becomes lower, and widens as its' range becomes...
This indicator takes our MaxADX a step further by giving possible trend change signals. MaxADX combines directional information and smoothed moving averages to help traders indicate trend reversals and strengthening trends. As you can see in the chart above this indicator makes it very easy to spot trend reversals in trending markets. How to use MaxADX ...