Buy & Sell Signals
These signals can be very strong indications. They combine 10 indicators (some well-known, some custom) that have all been fine tuned and smoothed for optimal analysis and trading performance. When all of the indicators converge - Buy and Sell signals will appear - allowing you to easily analyse, isolate, and anticipate macro trends - giving you more confidence in your trading decisions.
Support & Resistance Lines
Trading S&R lines is a common strategy to use on the hourly timeframe and below. The G Code Algo automatically calculates these horizontal lines of support and resistance for you - provide you regular opportunities to enter the market in either direction. Our S&R lines also have a live action % from the current price for you to easily set your targets when executing a trade.
Buy & Sell Volume Detection
Using these very simple volume detection indictors will allow you to quickly see when the buying and selling pressure is easing. This indicator will show you where dips and tops are starting to form - and when combined with the other indicators in The G Code Algo suite you'll be able to trade a new price trend early and with confidence.
This indicator is a useful tool when it comes to visualising past underlying trends in the price and can make the process of using other drawing tools easier. As this indicator is automatically calculated for you, you will easily see where the price deviates from a maximum/minimum point - ultimately, connecting local tops and dips.
If you don’t like the unpredictability of using a Trailing Stop Loss or using the Support & Resistance levels to manage your upside and downside risk - then having a Fixed Stop Loss and Take Profit limit might be right for you. The G Code Algo has automatically calculated floating Target 1, 2 and 3 prices on visible on the chart. This is extremely helpful when you are entering a trade quickly - giving you one less thing to think about.
This indicator is a forward looking trading indicator based on the Correlation Coefficient: statistics to measure the correlation between two sets of data. In the case of a traders, this indicator looks back at previous price action to determine the most likely route forward. When both A and B paths are line you'll see confidence in the direction to come.
Liquidity Heat Map
This indicator paints a very clear supply and demand area across your entire chart where historical volume has entered. These areas of liquidity will guide you in your profit taking and allows you to determine the strength of a breakout or a breakdown in the price. These areas on your charts will be sections where the price will have a challenge to pass through.
Trend Reversal Indicator
Using multiple trend divergence indicators, The G Code Algo will signal a change in price momentum, before the chart observes a change in price action. You can consider this as an early caution signal. It will easily assist you to detect likely price reversals. When these divergence signals paint and the price has an intersection with the S&R lines, it can multiply the confirmation of a new trend.