Allows access to our entire library of indicators and add-ons on a Yearly renewal basis.
The Market structure Concepts indicator is our flagship indicator for discretionary trading. It condenses multiple types of technical analysis ideologies for traders such as Supply/Demand, Order Blocks, Fibonacci Retracements, Fair Value Gaps, etc; and allows the trader to condense many of these concepts into a simplified form where multiple types of analysis can be utilized and combined freely.
The Yonko Cumulative indicator tracks the net order flow of the market within a given time (i.e., the number of contracts bought vs. sold) and helps traders understand the underlying market sentiment, whether it's leaning toward buying (bullish) or selling (bearish). Although this indicator can function as a standalone, we highly recommend pairing this indicator with our Volumetric bar type in order to utilize it's full potency.
The Yonko Volumetric Bar type is formed by aggregating a certain amount of volume instead of using a fixed time interval or combining the interval with time if so desired. For example, our volumetric bar might be created after 1,000 contracts have been traded, regardless of how long it takes to reach that volume; or they can be utilized with time and print a new bar based on the bar period parameter. These versatile bars show their strength in choppy, ranging, and trending markets and can allow the trader to more clearly identify the beginning of a trend or trend reversal, or know when to hold/close a trade. This bar type provides the user with in-depth customization options regarding orderflow data visualization so it is recommended that the user have orderflow data available to fully benefit from their use. They are great for backtesting due to the statiscal advantage volume bars provide over time based bars.
Allows access to our entire library of indicators and add-ons on a monthly renewal basis.
The Yonko Volume Profile tool allows the user to hone in on where the volume is occurring in relation to the price, giving traders insights into key price levels where significant market activity is taking place. This information helps traders identify areas of interest in the form of value areas, highs/lows, and point of control. The Yonko Volume Profile indicator can be utilized in the form of a drawing tool to analyze specific internal/external market price action or applied to the chart as an automatic profile indicator that draws itself based on Sessions, set # of Bars, a Composite, Weeks, or Months providing the user with various means of hands free market analysis.
The Yonko VWAP with Standard Deviation indicator is a powerful tool for intraday trading that can allow users to spot levels at which the market is likely to reverse. The indicator calculates the average price at which a security has traded throughout the trading day, weighted by volume. This reflects the true market value based on both price and volume. The deviation channels help gauge the average volatility of price movement and up to 3 deviation channels can be weighted against the VWAP forming dynamic channels where price is likely to have a strong reaction.
Our Anchored VWAP tool allows traders to "anchor" the VWAP to a specific point in time, such as a major price event, trend reversal, or a key market movement. Instead of resetting the VWAP at the end of a cycle, anchored VWAP allows the user to start the VWAP calculation from a chosen point, providing a more tailored view of the market based on specific events or price levels. During events like market news and high volatility days it can help keep the user grounded to solid market entries. The anchor can be set to the High/Mid/Low of any bar and multiple anchors can be plotted at once. Anchored VWAP with standard deviation will be released is the next update for this indicator.