Mostafa belkhayate center of gravity

The Belkhayate center of gravity indicator is best used to confirm major turning points, and distinguish price extremes. Generally if price reaches the upper or lower levels one should expect a turn around coming soon, or at least a pull back towards the centre line if there is a strong trend. The upper and lower levels are red and green lines.

Our indicator use the same parameters as the well known trader a Belkhayate the inventor of the indicator, allow the use of buffers for your EA and allow notification for every closed bar beyond lower or upper limit to your phone.

Strategy:

The idea is to buy between or beyond the Green lines to reach the center blue line, and sell between or beyond the red lines to reach the center blue line.

Parameters:

Push notification for signals : true or false: Notification to your mobile in case of closed bar beyond limits.

Alert notification for signals : true or false: Alert in your terminal in case of closed bar beyond limits.

Buffers:

0: Center blue line values.

1: Upper Line 1 values ,Red.

2: Upper Line 2 values ,Red.

3: Upper Line 3 values,Red.

4: Lower Line 1 values,Green.

5: Lower Line 2 values,Green.

6: Lower Line 3 values,Green.

Technical Indicator

Posted On: January 31,

Unveiling the Power of the Center of Gravity Indicator

The Intricacies of the Center of Gravity Indicator

The Center of Gravity (COG) technical indicator, also known as COG, is a valuable tool embraced by both seasoned professionals and novice traders. Introduced in , its primary goal is to swiftly identify potential support and resistance levels, offering traders ample time to strategize their trades effectively.

The COG indicator is particularly popular for navigating range-bound markets and finds utility among position traders, intraday traders, and scalpers. While it shines in various trading scenarios, it is notably advantageous for Forex trading. Unlike many technical indicators that reflect ongoing market conditions, the COG indicator stands out by predicting future market movements, adding a proactive dimension to trading strategies. However, it&#;s crucial to recognize its limitations, which we&#;ll delve into later in this article.

Unveiling the Theory Behind COG

At its core, the COG indicator operates on the theory that prices exhibit cyclical patterns, manifesting as highs and lows on the chart. According to this theory, prices tend to regress toward the mean, represented by the blue line at the center of the indic

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