Key Features of Trading Hub Analytics: 5 Mins High Risk Consolidation Cluster Pro+ 1.1
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Consolidation Detection
- Identifies high-risk consolidation phases in the market.
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Directional Change Alerts
- Alerts you when there is a potential change in market direction during consolidation phases.
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Customizable Lookback Period
- Allows you to set the number of bars to look back for detecting consolidation.
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Proximity Settings
- Adjustable thresholds to fine-tune the detection of consolidation clusters.
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Visual Highlights
- Draws shaded blue rectangles on the chart to indicate consolidation periods.
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Optional EMA Display
- Provides the option to show or hide the 5, 9, and 21-period EMAs on the chart.
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High and Low Marking
- Marks the highest and lowest points during the lookback period for additional context.
These features help traders easily identify and visualize high-risk consolidation periods, allowing for better decision-making during market uncertainty.