The Abandoned Bar Study is a must have tool for investors and traders who like to buy the dip or short unusual
price gains in stocks. This indicator works as a powerful statistical tool and shows the user the percentage of
"Abandoned Bars" for any stock, ETF index fund, Forex currency pair, or futures contract. The information
provided to you by this study will tell you when "buying the dip" is a good idea, taking into account historical data
for whatever timeframe you may be looking at.
We all know that trading a reversion to the mean can be a very profitable strategy. Using Market Prowler's
Abandoned Bar study you will be able to view important statistical data for the percentage of abandoned bars in
your current price chart - regardless of what ticker symbol you are looking at or what trading timeframe is
applied. The indicator will search for abandoned bars - those who’s median price was not met within the next N
bars (N is a user defined variable), and it paints these bars with an easy to view triangle. The Abandoned Bar
study will also display what the median price was for the last 3 abandoned bars - allowing you to short or long a
stock with a clear and well-defined price target. It works on all time frames and can be used for swing trades,
day trades, as well as long-term investment entry points.
Works with all Futures, Forex
Currency Pairs, and Stocks
By purchasing a premium indicator you agree to the indicator terms and conditions. Once your payment is
confirmed you will be redirected to the indicator download page. This page will also feature instructions on how
to load the indicator into your trading platform.
Lifetime Access. No monthly
Oleg A. Pozhidaev. This must read book is the perfect starting point for aspiring
new traders who are ready to take their skills to up to the professional level. It
takes traders through a journey where we learn the basics first such as how to
read price charts or common candlestick patterns. That information is then used
as building blocks in order to serve as a foundation of knowledge for much more
effective and complex trade setups. Readers will learn specific trade setups
(including suggested stop losses and price targets), how those setups work, how
to look for them quickly, and how to use them effectively. The trade setups
provided in this book have been proven time and time again to produce reliable
and consistent profits from the stock market.
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