This Indicator based on Mandelbrot Chaos Theory clearly shows Trends and Swings as a colored strip in the bottom of your screen. It does not repaint, work well in all timeframes and it is alert friendly. Adjust colors and brightness and use it in conjunction with your trading system.
This script clearly shows trends. Add it to your charts, adjust colors and brightness and apply your trading method accordingly. It does not repaint and work well in all timeframes.
I coded this simple indicator based on multiple ideas shared by Tim West at his "Key Hidden Levels" chatroom. We have a moving average ribbon comprised of the average of the highs and lows in 10 periods. The colored space in between acts more or less like fair value and is often where price is when consolidating. Green and red triangles at the top and bottom...
Included adaptive lot size based on ATR, and also ATR based stop and take profit levels. Risk/reward increased to 1:2 and should work in all ranging FX pairs as long as they are not trending. Once the market starts trending it'll eat this bot alive. Cheers, Ivan Labrie Time at Mode FX
Hi, this is version 2.0 of the Range Expansion Signal indicator, now including inside and outside bars. I'm looking forward to tradingview to include other price feeds, since I'd love to trade FX from this site. Cheers, Ivan.