Here is an example trading with the Maverick Trading Meter.
As you can see, we have 4 indicators on our Meter:
The Trend indicator is telling us that price is still in an uptrend.
However, that may be likely to reverse soon based on recent price action.
The trend indicator is usually going to lag behind the most out of all of them, so that can be our final confirmation.
The Momentum indicator is telling us that price has been overbought for a little while and is now starting to come back down a bit.
This could mean we could see a correction soon...
Our Volatility indicator is telling us that volatility is low, so the trend may be cooling off. If we see volatility start to increase, that could be a sign a downtrend is starting to come into place.
Our Volume Indicator is telling is there is low volume at the moment. Like volatility, this means the uptrend is cooling off and had ended for the time being.
As you can see, we have 4 indicators on our Meter:
The Trend indicator is telling us that price is still in an uptrend.
However, that may be likely to reverse soon based on recent price action.
The trend indicator is usually going to lag behind the most out of all of them, so that can be our final confirmation.
The Momentum indicator is telling us that price has been overbought for a little while and is now starting to come back down a bit.
This could mean we could see a correction soon...
Our Volatility indicator is telling us that volatility is low, so the trend may be cooling off. If we see volatility start to increase, that could be a sign a downtrend is starting to come into place.
Our Volume Indicator is telling is there is low volume at the moment. Like volatility, this means the uptrend is cooling off and had ended for the time being.
