VR Cube indicatorless simple strategy
Version: 23.090
Updated: 09.09.2023
Added: 15.10.2017
License: Paid-Free
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Updated: 06.02.2023
Added: 02.10.2014
License: Paid-Free
The VR ATR Pro indicator is one of the most powerful indicators built on the basis of the classic ATR indicator. Unlike the classic ATR indicator, VR ATR Pro calculates target levels, that is, the levels that the price aims to reach. The VR ATR Pro indicator is most often used by professional traders, their goal is to determine the take profit (profit fixation) and stop loss (loss fixation) levels as accurately as possible.
Version: 23.020
Updated: 13.02.2023
Added: 18.03.2021
License: Paid-Free
Pivot points (Pivot) are used by traders to identify potential support and resistance levels. Pivot points are based on the key highs, lows, opening and closing prices of the previous period. Pivots were previously used on exchange markets. Traders, before the start of the trading day, calculated Pivot points relative to the previous trading period. This helped to find the strongest support and resistance levels.
Version: 21.100
Updated: 10.10.2021
Added: 17.05.2020
License: Paid-Free
This utility will allow you to work with a large number of templates quickly and comfortably. You will be able to load, save, create templates, sync between terminals and make backup copies. By changing the template, the utility can immediately change the financial instrument and the chart period...
VR Cub is an indicator for getting high-quality entry points. The indicator was developed to facilitate mathematical calculations and simplify the search for entry points into a position. The trading strategy for which the indicator was written has been proving its effectiveness for many years. The simplicity of the trading strategy is its great advantage, which allows even novice traders to successfully trade with it. VR Cub calculates position opening points and Take Profit and Stop Loss target levels, which significantly increases efficiency and ease of use. Look at the screenshots of trading using the strategy below to understand the simple rules of trading.
To calculate the entry point you need to stretch the VR Cub tool from the last high to the last low.
If the first point is earlier in time than the second, the trader waits for the bar to close above the middle line.
If the first point is later in time than the second, the trader waits for the bar to close below the middle line.
A position is opened strictly after bar closes, according to the conditions described above.
In other words, if we are trading on an hourly chart, then the time distance from the maximum to the minimum must be more than 24 hours, the number of points between the maximum and minimum must be greater than or equal to the average price movement per day.
There can be several open positions; each position is modified individually.
The VR Cub tool calculates recommended Stop Loss and Take Profit levels.
You can set recommended levels or transfer positions to a no-loss position.
Positions can be closed at the established Stop Loss and Take Profit levels.
Closing can also be at no loss or Trailing Stop.
You can use your own options for closing positions, for example with a third-party trading robot.
Version 23.090 - 09.09.2023
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