What is a Source ?
This is the module where the indicators are built. In other words, the main logic of a trading system . This where entries and exits takes place.
In this case, we have pre-built an external Quansium Source , where the user can enter basic signals without the need for any code of signal management at all.
Why should I use this?
Volume Impact (The area)
Average Volume (The thick line, xTrigger)
Volume Impact = Volume Chance - Average Volume
It provides very reliable buy sell signals. Buy(green) when increasing, sell(red) when decreasing. Volume Impact might drop before the actual price so it has an early warning potential.
Before trend changes volume average diverges from the prices....
Buy and Sell Signal Arrows
Tack Marks to show how close the next opposite arrow might be- showing possible trend reversals
Standard Bollinger Bands
10-Day SMA Line
THE NITTY GRITTY
For starters, all values listed below can be changed in the settings. Length of time, as well as source, can be...
This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above previous, the period is considered suited for selling...