Description
Equip the powerful weapon 10X Bars Indicator to take your price action trading to the next level
With the help of the 10x Bars Indicator, traders can rapidly assess a trend’s quality and strength without having to go through the more sophisticated calculations that go into the ADX and DMI. In order to make decision-making easier, the 10X Bars take the calculations that we would typically have as a distinct set of indicators and display them right on your charts.
In addition to the Squeeze, the 10X Bars are a useful supplement since they may be used as confirmation to remain in a trending chart or as an early warning to exit a trending chart.
An Indicator Setup bonus will be included with the purchase of the 10X Bars Indicator 2022 bundle. The designer of this powerful tool, Eric Purdy, will lead you through the process step by step in a pre-recorded video session, which enables you to get your new 10x Bars Indicator up and running quickly and easily.
Understanding the principles of 10X Bars Indicator
- Indicators such as the ADX and DMI are used to calculate the color of the 10X bars
- The presence of green bars indicates that the trend is positive
- Red bars imply strong belief and a downward trend
- The presence of yellow bars indicates a lack of clear directionality
- 30 percent over normal volume in that period indicates a higher belief in the trend when the bars on the chart display one dot (the dot)
- Avoiding or trading non-directional setups with yellow bars is our preferred strategy for such situations
- Investing in the direction of 10X Bars increases our chances of a profitable deal.
Meet the author John Carter
In 1996, John Carter became a full-time trader and started Simpler Trading three years later. If you’re looking for real-time trading advice, you’ve found it. Additionally, John Carter is an author of books about trading and the financial markets. Amazon’s best-selling book of all time was Mastering the Trade. John’s trading tactics are often adapted by other traders, who then use them in their own trading. Since his trading principles and methods have grown so important, they can’t be replaced.
When it comes to trading and investing, John Carter stands out because of his ability to integrate technical analysis with an entire macro and fundamental perspective. For one thing, he was able to make you feel like you were speaking with an old friend rather than a business mentor. Aspiring traders who already have a good grasp of the depth market would benefit greatly from his trading strategy.
Trade easier with Simpler Trading
There is little doubt that Simpler Trading is one of the most useful and instructive educational resources accessible to traders of all skill levels today. Trading classes, tools, and indicators are readily available on the internet for use in any market. Other trading-related services provided by Simpler Trading include weekly premium videos, a live trade chat room where you can debate strategies after-hours, and mobile-friendly real-time trading alerts.