Official web site:
Cluster is a two-part algorithm that includes an indicator called Market Strength. This indicator aims to smooth out market swings and aims to predict not only turning points but also aims to show phase one buying and phase two selling.
The tool aims to calculate the strength of the market and then shows potential turning points signalled with small circles. Once the confirmation of the trend has changed, the algorithm signals a large circle, giving the trader the potentially desired entry with a sound alert and pop up. There will be a build up of circles as the entry sets up hence the name Cluster. This algorithm can be used on either the 1, 5 or 15 min timeframes across all major currency pairs. We believe this tool is perfect for intraday trading and aims to simplify the noise in the market. The user must input the parameters otherwise the algorithm will not perform.
Trading_Market_Strength Indicator (ex4. file)