QWT Wizard Indicator

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File Size 5.33 KB
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Create Date April 8, 2024
Last Updated May 29, 2024

QWT Wizard Indicator

This indicator capitalizes on the straightforward concept of momentum reversal to pinpoint entry or exit points. It also indicates whether the market is moving laterally or is in a trend. The name 'Wizard' was inspired by a trader who earned the nickname for the significant advantage he gained from this algorithm.

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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

QWT Wizard Indicator

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QuantWise Research LLC

Risk Disclosure

Hypothetical Performance Disclosure