On a chart it appears as though the stock price is tethered to this line and hence the name.
Tether line mt4. Please send us your preferred default settings. It means that stock prices tend to move away from the midpoint between their 50 day highs and lows then return to that midpoint at some time in the future. If the price crosses the trend line the labels are colored in the color of the line. I already bought tether line indicator and i will buy one more this copy and i need it with default value with 4 instead of 50.
Tether line indicator is the first component of tfs trading strategy. It was named this way because stock prices have a tendency to cluster around it. Download our content for free unlock your true trading potential today. The best part is that it s simple to use.
The world s largest database of metatrader 4 5 indicators systems ea s. Show lines info display the information about lines exactly the name of the line on the current last bar. It means that stock prices tend to move away from the midpoint between their 50 day highs and lows then return to that midpoint at some time in the future. The tfs tether line indicator moving average can be purchased separately or is available as part of the club membership to get access to our entire collection of indicators including any future releases click here to join the club.
On a chart it appears as though the stock price is tethered to this line and hence the name. Tether line indicator is the first component of tfs trading strategy. If you already have an account login at the top of the page futures io is the largest futures trading community on the planet with over 100 000 members. Otherwise draw blue line means the market down.
I wll buy it again if you can do this change. At futures io our goal has always been and always will be to create a friendly positive forward thinking community where members can openly share and discuss everything the world of trading has to offer. Draw red line means the market up. Tether line indicator are a simple but powerful tool for trend revelation.
The indicator automatically chooses the color of the output labels depending on the chart background.
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