Exposing The Market's Momentum!
The ATM Indicator was created with the sole purpose of exposing momentum in its deepest form. Highlighting each candle to indicate buying power, selling power, losing power, and NO power.
The purpose of this indicator is to bring you the clarity you are looking for when trying to figure out if its a good time to buy, sell, and most importantly .. when its a good time to STAY OUT.
The color coordination is as follows:
YELLOW = Buying Power
RED = Selling Power
BLUE= Low Momentum
GREY= NO POWER (STAY OUT)
THE ATM makes trading SIMPLE
Once a trade is provided. You will receive a TAKE PROFIT and a STOPLOSS according to your set RISK
Set the correct lot size so that you do not overleverage and just let the trade play out. You will receive notice if your Stoploss or Take Profit is hit.
1.5 Risk to Reward easily achieved for 135 pips! on XAUUSD.
ATM is the only indicator that will also notify you when the WHOLE move has reached its reversal point by printing a CLOSE BUY or CLOSE SELL. You can easily use this to secure partials and leave those runners RUNNING :)
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[After subscribing to ATM INDICATOR you will need to refresh your Tradingview page and click Indicators you will see Invite-only scripts at the bottom of the window, click it. The PanessoTECH ATM INDICATOR will pop up for your selection.
If you do not see it, please allow some time for your account to be added. For any issues or concerns, feel free to email [email protected] ]