Miyagi 6in1 – Monthly

Miyagi: The attempt at mastering something for the best results.

Miyagi indicators combine multiple trigger conditions and place them in one toolbox for traders to easily use, produce alerts, backtest, reduce risk and increase profitability.

Take your trading to the next level with Miyagi Indicators!

Miyagi (6-in-1) + Alerts combines multiple trigger conditions in an easy to use format. Each trigger or filtering condition is selectable and able to be combined using the selector checkboxes.

The following trigger and filter conditions are present in the 6-in-1:

• EMA 1: Takes two “Exponential Moving Averages” into effect for filtering with user selectable chart timeframe, length and sources.
  EMA Trend Type is user selectable for Trend-following or Counter-trend which allows you to counter-trade the markets.
  Beside the “Simple Moving Average” the EMA has a multiplier.
  Calculation is SMAxMultipier / SMAxMultiplier of the previous candle.
• EMA 2: Takes two “Exponential Moving Averages” into effect for filtering with user selectable chart timeframe, length and sources.
  EMA Trend Type is user selectable for Trend-following or Counter-trend which allows you to counter-trade the markets.
  Beside the “Simple Moving Average” the EMA has a multiplier.
  Calculation is SMAxMultipier / SMAxMultiplier of the previous candle.
• MACD: Takes the “Moving Average Convergence Divergence” into effect for trigger condition or filtering with user selectable chart timeframe,
  source, fast & slow length and signal smoothing. MACD is a trend-following momentum indicator that shows the relationship between two moving averages of a price.
  The MACD is calculated by subtracting the EMA 26 period from the EMA 12. Long alert is triggered on crossing the MACD zero line upwards and short alert vise versa.
• RSI: Takes the “Relative Stregth Index” into effect for trigger condition or filtering with user selectable chart timeframe, length, source, and oversold and overbought values.
  The RSI is a technical oscillator that uses price and volume data for identifying overbought or oversold signals in an asset.
  It can also be used to spot divergences which warn of a trend change in price. This oscillator moves between 0 and 100.
  RSI > 80 is considered overbought and an RSI < 20 is considered oversold.
• VWAP: Takes the “Volume Weighted Average Price” into effect for trigger condition with user selectable chart timeframe, period, and VWAP lower line (long),
  or VWAP Upper line (Short) values. VWAP is calculated by totaling the money traded for every transaction (price x volume ) and then dividing by the total shares traded.
  The VWAP appears as a single line on charts. It looks similar to a moving average line, but smoother. In general it is a intraday/week anchored indicator that resets,
  but we are using a steady version over a selectable period of candles.
• ADX: Takes the “Average Directional Movement Index” into effect for trigger condition with user selectable chart timeframe, smoothing, DI-length, a long and a short setting.
  The ADX is used to detect trend direction with a positive and a negative direction indicator ( +DI & -DI ). The factor of those is a value between 0 and 100.
  A low value can be a week trend or consolidation. A value > 25 is considered as a positive trend, >50 is a strong long trend >75 extremely strong trend.
  Beside timeframe, you can choose smoothing and DI length.
• ROC: Takes the “The Rate of Change indicator”, which is a momentum oscillator. It calculates the percent change in price between periods. ROC takes the current price and compares it to a price “n” periods (user defined) ago. The calculated value is then plotted and fluctuates above and below a Zero Line. A technical analyst may use Rate of Change ( ROC ) for trend identification and identifying overbought and oversold conditions.”

Miyagi indicators improve profitability and reduce risk. Take your trading to the next level with Miyagi Indicators.

All Miyagi Indicator packages include the Miyagi Backtester, which will allow you to backtest, reduce risk and increase profitability.
All Miyagi Indicator packages provide access to the Miyagi Pro channel + shared BEST Settings to help you stay on top of your game.

After purchase, please allow up to 24 hours for indicator access.