Description
Major Trend Trading System NT8 Satellite is our first Order Flow system, crafted with a deep investment of time and effort. The name implies an ability to help traders map market movements and detect underlying trends in an ever-changing trading landscape.
The system’s volume analysis charts function like satellites orbiting the “Earth”, with price movements representing Earth’s dynamics. It stands out with its dual-layer support/resistance zones, much like Earth’s atmospheric layers, providing key price levels and deeper insights into market dynamics for more informed trading decisions.
What makes it unique?
- Support and resistance zones are divided into 2 levels: Basic and Extreme.
- These zones are identified based on the current price level, rather than historical price data.
- Entry and momentum signals are generated through volume analysis using an advanced algorithm.
- The main plot is used to determine trend direction, establish support/resistance zones, and set trailing stop levels.
What does it offer?
- Provides reliable trend identification.
- Establishes support/resistance zones in real-time with current price movement, enabling earlier identification of trading opportunities.
- Creates 2 support/resistance levels — Basic and Extreme — helping identify areas with stronger buying or selling pressure. This feature allows better trade volume distribution, reducing the risk of focusing trades at one price point and enhancing entry opportunities. The Extreme level helps minimize stop hunts and allows for safer stop-loss placements when the price approaches or breaches key levels.
- Triggers momentum signals on candles with significant volume. This allows you to assess the strength or weakness of buying and selling pressure, enabling you to implement trailing stops or actively exit trades.
- Provides highly reliable pullback signals analyzed based on volume, giving you a clearer perspective on price action.
- Offers an intuitive interface for traders at all levels, providing a smooth, lag-free experience. Unlike typical volume indicators, it assesses and displays volume data only when the price approaches key support and resistance zones.
