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Date/Time: Mon, 20 May 2024 18:06:55 +0000

Post From: Indicator request

[2017-03-21 10:36:27] Link To Thread - Link To Post [Go To First Post]
EuropeanTrader - Posts: 290
Hello, can somebody create an indicator that would show the following: If you look at price swings there are usually of certain length in terms of price and time. Time can be simply measured by a bar count and price by volatility aka average true range function. Is it possible that in a price swing from - the moment price turns away from last swing high/low (defined simply by SC swing indicator) that once it moves away from it for say 5 bars and/or 2,5atr that the bars would begin to color red signaling an exhaustion point? Thanks