Hello,
I made a custom indicator, I called it The Falcon because it reacts quickly and knows how to take perspective of the market.
This kind of indicator can be used for manual trading or bots.
About the indicator
In short, it will help you :
Make profit when the market is in trading range
Get in/Get out when a rally begins
Never go against the trend
...
Hello,
I made a custom indicator, I called it The Falcon because it reacts quickly and knows how to take perspective of the market. It switches entry and exit conditions depending on wether we are in trading range or in a bullish/bearish trend (difference between green/blue arrows and between red/orange arrows).
This kind of indicator can be used for manual...
This indicator plots absolute high and low values for up to five completely adjustable time periods (in months, weeks, days, hours, minutes) and optionally calculates the Fibonacci levels on the pair of absolutes of your choice, ascending or descending, and mimics the shading available in the built-in Fib charting tools (e.g. retracement).
Here are a few...
Someone requested a high/low price indicator that would reset the "remembered" prices daily. I started out doing just that, and then decided to make it much more configurable.
Choose the units (minutes, hours, days, weeks, months) and the number of those units, and this will reset the highest/lowest value remembered to the current values on your chosen time...
This indicator try to create a channel by summing a re-scaled and readapted sinusoidal wave form to the price mean.
The length parameter control the speed of the sinusoidal wave form, this parameter is not converted to a sine wave period for allowing a better estimation, higher length's work better but feel free to try shorter periods.
The invert parameter...
