Rate of directional change (RODC) Indicator as published in the March 2024 Stocks and Commodities article titled “Taming The Effects Of Whipsaw” by Richard Poster, PhD.
User Submitted App Category: Indicators
WaddahAttarExplosion
WaddahAttarExplosion Indicator with strategy for trading and/or optimization.
Explosion Line:
Histogram Green Bars:
- Recognizes Uptrends.
- Specifies entry (Buying Point) when Green Bar rises above the explosion line.
- Specifies Exit Point when Green Bar drops below the explosion line.
Histogram Red Bars:
- Identifies Downtrends.
- Specifies entry (Buying Point) when Red Bar rises above the explosion line.
- Specifies Exit Point when Red Bar drops below the explosion line.
Dead Zone Line:
- Represents the upper limit of the Dead Zone, filtering weak signals.
Plots:
- Plots for support with markers, Strategies, blodhound etc..
Strategy:
- Includes a strategy created in Strategy Builder for trading, backtesting optimisation etc..