This indicator calculates the relative strength of your markets, counts the total number of markets and builds the average value. This indicator shows the strength of any market compared to the corresponding industry and sector. It offers to select markets that are even stronger than the industry and sector. Once your composite indicator is updated, […]
This indicator calculates the number of markets where the Taio indicator is above zero and divides it by the total number of markets to build an average percentage number of bullish and bearish markets inside the industry and the corresponding sector. The advantage is that you can trade into the direction of the industry and […]
The TAIO indicator is useful for detecting overbought/oversold and trend conditions. Multiple color modes are provided to color the indicator on the behavior of the indicator. This coloring is also available in the price chart and on the ribbon bar. The indicator can also be displayed in a higher time frame to see the trend […]
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HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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