INVITE-ONLY SCRIPT
MATHR3E IMPULSION
█ OVERVIEW
MATHR3E IMPULSION is a momentum-based indicator that aims to operate in the direction of the overall price trend,
relying on Fibonacci ratios to identify triggers for extended moves towards exhaustion levels.
█ CONCEPTS
Disclaimer
MATHR3E Impulsion indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It is recommended to have read the trading techniques mentioned in the books covering this indicator beforehand.
How to use
It is designed to operate in the direction of the overall price trend.
Bullish case:
If a market rallies, pulls back, and then resumes its uptrend without having violated the origin of the advance,
the indicator will identify the inflection price level, at which time sufficient momentum or thrust has been generated to trigger the catalyst for an extension to a higher target level.
Bearish case:
If a market declines, rallies, and then resumes its downtrend without having violated the origin of the decline,
the indicator will identify the bear trigger that should provide the catalyst for an extension to a lower target level.
Definitions:
• X: Initial thrust level
• Y: Initial thrust completion level
• Z: Retracement level of at least 0.236 [XY]
• A: Momentum (Entry) = 0.236 [XY] from Z
• B: Exhaustion (Target) = 0.472 [XY] from Z
MATHR3E Impulsion will automatically detect the X, Y and Z points and draw the A and B levels.
The A and B levels are calculated based on two ratios that are derivatives of the Fibonacci numbers:
— The primary level (0.236) is the Momentum which serves as a trigger for extended moves in the direction of the trend.
— The secondary level (0.472) is the likely target, known as the exhaustion level.
Counter-trend:
The indicator is also able to detect counter-trend movements. In this case, the A and B levels are also applied since the last advance/decline.
A distinct coloring will let traders distinguish the trending impulsion from the counter-trending one.
█ FEATURES & BENEFITS
Versatile
The indicator is designed to work with other indicators by the same author, including the identification of exhaustion points.
It highlights trends in progress and potential trend reversal.
Entry and profit taking levels are backed by Fibonacci levels.
This indicator can be applied to any market or time frame
Customizable
The sensitivity of the XYZ points can be configured.
Customizable Fibonacci levels for Momentum and targets levels.
MATHR3E IMPULSION is a momentum-based indicator that aims to operate in the direction of the overall price trend,
relying on Fibonacci ratios to identify triggers for extended moves towards exhaustion levels.
█ CONCEPTS
Disclaimer
MATHR3E Impulsion indicator is intended for advanced traders and may fit your profile, whether you are a day trader or a long-term investor.
It was originally developed by a renowned market analyst and documented in numerous books. Among them is the author Jason Perl.
It is recommended to have read the trading techniques mentioned in the books covering this indicator beforehand.
How to use
It is designed to operate in the direction of the overall price trend.
Bullish case:
If a market rallies, pulls back, and then resumes its uptrend without having violated the origin of the advance,
the indicator will identify the inflection price level, at which time sufficient momentum or thrust has been generated to trigger the catalyst for an extension to a higher target level.
Bearish case:
If a market declines, rallies, and then resumes its downtrend without having violated the origin of the decline,
the indicator will identify the bear trigger that should provide the catalyst for an extension to a lower target level.
Definitions:
• X: Initial thrust level
• Y: Initial thrust completion level
• Z: Retracement level of at least 0.236 [XY]
• A: Momentum (Entry) = 0.236 [XY] from Z
• B: Exhaustion (Target) = 0.472 [XY] from Z
MATHR3E Impulsion will automatically detect the X, Y and Z points and draw the A and B levels.
The A and B levels are calculated based on two ratios that are derivatives of the Fibonacci numbers:
— The primary level (0.236) is the Momentum which serves as a trigger for extended moves in the direction of the trend.
— The secondary level (0.472) is the likely target, known as the exhaustion level.
Counter-trend:
The indicator is also able to detect counter-trend movements. In this case, the A and B levels are also applied since the last advance/decline.
A distinct coloring will let traders distinguish the trending impulsion from the counter-trending one.
█ FEATURES & BENEFITS
Versatile
The indicator is designed to work with other indicators by the same author, including the identification of exhaustion points.
It highlights trends in progress and potential trend reversal.
Entry and profit taking levels are backed by Fibonacci levels.
This indicator can be applied to any market or time frame
Customizable
The sensitivity of the XYZ points can be configured.
Customizable Fibonacci levels for Momentum and targets levels.
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⬛ Access to MATHR3E Indicators 📈🔓:
⬛ patreon.com/MATHR3E/
🟩➖➖➖➖➖➖➖➖➖➖➖➖➖➖🟩
⬛ Access to MATHR3E Indicators 📈🔓:
⬛ patreon.com/MATHR3E/
🟩➖➖➖➖➖➖➖➖➖➖➖➖➖➖🟩
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