Mostafa belkhayate indicator function
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How to use BELKHAYATE Indicators
The indicator Belkhayate Barycenter
This indicator uses a mathematical formula developed (polynomial nonparametric regression) to calculate first the center of gravity of a moving stock (blue line), then 3 standard deviations to upwards (red stripes) and 3 down (green stripes). The amplitudes of these deviations are always proportions of the golden number 1.618. And we will realize, after having studied this indicator on a hundred different markets that magic number is actually printed in the brains of human beings, whatever race or origin.
1. The first observation is that all financial markets oscillate around their center gravity. They exaggerate the up or down from a consensus of prices or less unconscious. 2. The amplitude of these exaggerations is not random, quite the contrary: as seen on graph above (the market for U.S. Treasury bills), the amplitude is very often equal to the exact proportions of the golden to the center of gravity dynamics. As if the hype man is highly dependent on the number of gold. 3. The blue curve, representing the dynamic center of gravity gives us so immediate and visual direction of the current market trend is bearish. Since the blue curve was bent down. 4. The extreme lines red and green indicate the amplit
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Scalping system #11 (The Center of Gravity)
Submitted by User on February 27, 2009 - 18:35. Submitted by Ashur Alright first of all, I just want to say the indicators that i'm going to post and show are not mine so i take no credit for them. The center of gravity indicator was created by Oan. The idea is based on Mostafa Belkhayate's system. Also the sweet spots indicator was taken from "Patrick Bourgeois" with his submission of "Trading by Psychological Levels". So I'm going to upload all the indicators, and all you do is, put them in Metatrader/Experts/Indicators folder. Im also going to upload the template so all you have to do is load the template. The rules are these: Read entire post >>> |