AlphaShark – Market Tide indicator
AlphaShark’s Market Tide Indicator
This indicator is designed to work across equities or futures. It is designed to allow a trader to capture as much of their desired price movement as possible and works on day trades, swing trades, scalps and position trades.
The basic concept is simple: to let the trader know whether the bulls or bears have control of price and provide entry signals when the market tide has shifted enough to warrant an entry; the Market Tide indicator is then designed to provide an exit signal when the market “tide” has weakened enough that it is no longer worth the risk of being in the trade, even if it isn’t initially.