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E.G. Indicators Review

October 4, 2024 by russell 1 Comment

E.G. Indicators Review

E.G. Indicators Review

Please note that some of the links on this website are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only promote products or services that we believe will be helpful to our readers. The opinions in this E.G. Indicators review are in line with my personal experience with the product. 

 

You can learn more and purchase E.G. Indicators HERE.

 

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According to E.G. Indicators……the E.G. Trigger Point is a precision-driven tool designed to integrate seamlessly with NinjaTrader 8 and TradingView.

The E.G. Trigger Point indicator is compatible with a wide range of assets commonly traded in the futures market, including ES, NQ, RTY, YM, GC, CL, NG, ZB, ZN, UB, SI, HG, and 6B.

So, this is for FUTURES traders.

Powered by an AI engine hosted on a cloud server, it delivers key support and resistance levels 10 hours before the market opens each day.

The AI identifies these critical price points by analyzing market data that is typically not available on most trading platforms.

This combination of technical analysis and machine learning enables the algorithm to pinpoint areas of interest with single-tick accuracy.

The algorithm achieves this precision by analyzing historical market data and the collective behavior of market participants, using both correlated and deep data.

 

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You can learn more and purchase E.G. Indicators HERE.

Its “single-tick accuracy” means it identifies specific price levels rather than broader zones, making it particularly valuable for traders seeking precise entry and exit points to optimize their risk-reward ratios.

The E.G. Trigger Point generates levels that mark specific points on a chart where significant buying or selling pressure is expected.

A support price represents a level where buying is likely to outweigh selling, while a resistance price indicates where selling pressure is expected to dominate.

This information offers traders valuable insights into potential price movements, helping them make more informed trading decisions.

Key Definitions:

  • Resistance Level: A horizontal line above the current market price, indicating a point where maximum selling (supply) is expected. As the price rises to this level, it typically consolidates, absorbs the supply, and then declines—often triggering selling opportunities.
  • Support Level: A horizontal line below the current market price, marking a point where maximum buying (demand) is expected. When the price falls to this level, it often bounces back after absorbing demand, signaling a potential buying opportunity.

By pinpointing these levels with single-tick precision, the E.G. Trigger Point algorithm can support a wide range of trading strategies, such as:

  • Scalping
  • Reversal trading
  • Breakout and trend trading
  • Stop-loss optimization
  • AI-generated support and resistance levels

Additional features include:

  • Non-repainting levels (they remain fixed)
  • Delivery of levels 10 hours before the market opens, with no lag
  • Calculations based on historical and correlated market data
  • Availability on NinjaTrader 8 and TradingView platforms

 

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E.G. Indicators: How Does E.G. Trigger Point Work?

The E.G. Trigger Point indicator is compatible with a wide range of assets commonly traded in the futures market, including ES, NQ, RTY, YM, GC, CL, NG, ZB, ZN, UB, SI, HG, and 6B.

The E.G. Trigger Point is an AI-powered indicator designed to assist day traders in identifying key levels in the futures market.

You can learn more and purchase E.G. Indicators HERE.

Running on a cloud-based AI engine, it calculates significant price levels and delivers them directly to traders’ charts 10 hours before the market opens, providing actionable insights for the current trading day.

These levels are displayed within the NinjaTrader 8 and TradingView platforms, with daily updates delivered between 1 AM and 3 AM Eastern Time.

The AI behind the E.G. Trigger Point is based on a fundamental trading principle: analyzing historical imbalances.

E.G. Indicators Review

It uses statistical methods such as averages, medians, and standard deviations to identify significant price levels, factoring in key features like price action and volatility (e.g., average true range).

By focusing on extracting clear signals from market noise, the AI model enhances the accuracy of traders’ predictions. Often, market data is cluttered with randomness, making it difficult to pinpoint precise numerical values.

The E.G. Trigger Point’s AI model excels at filtering out this noise to highlight key signals, particularly when the market nears support or resistance levels. This precision gives traders greater confidence in their decision-making.

The model has been carefully optimized to predict high-likelihood price points where the market is expected to react, while addressing challenges like liquidity grabs. Through advanced statistical analysis, it offers traders high-probability trade opportunities that help improve overall trading performance.

You can learn more and purchase E.G. Indicators HERE.

E.G. Indicators Review: Conclusions

I like E.G.Indicators. The daily support and resistance lines are roughly accurate, but I would suggest people use them in addition to existing strategies rather than using them exclusively as bounce or rejection points.

This is because, despite being sophisticated constructions, they still only give the possibility of determined directional price movement at the lines. They are not 100% reliable.

Many times the price will blow through the lines as if they don’t exist. This requires skillful trade management to minimize losses.

You can learn more and purchase E.G. Indicators HERE.

Good Luck Trading,

Russell

 

LEARN HOW TO WIN 90% OF YOU TRADES IN 90 SECONDS!

 >> CLICK HERE TO LEARN MORE! <<

Jeff Zananiri Calendar Stocks Review

 

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E.G. Indicators Review

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Comments

  1. Efrat Levy says

    October 19, 2024 at 6:11 am

    Beautiful and honest reviews! Thanks for your time on these.

    Reply

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