In his article in this issue, "How Effective Are Rectangles?", Markos Katsanos proposes a new formula for measuring the rectangle formation. This revised formula significantly increases profitability and trading efficiency.
Tradecision's Indicator Builder enables you to use the rectangle function to set up the rectangle indicator:
This indicator predicts price movements based on Katsanos' new formula for rectangle formations, as described in his article.
Download to import into Tradecision.
How to use this indicator in Tradecision:
The indicator will be added to the Custom Indicators list.
- Click Download.
- Save this indicator in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click Indicator Builder.
- In the Indicator Builder dialog, click Import, locate the saved file and then click OK.