After 12:00 the 3-hour bar is closed, then the color of dots inside the box is fixed, it won't change anymore.Tags: mtf, trend Latest Swing high low extension indicator for SierraChart 1 Year license. True Center Band (TCB) indicator and Market Analyzer for NinjaTrader 8 Permanent acces...
At the bottom of the chart below, we see another trend-confirmation tool that might be considered in addition to (or in place of) MACD. It is therate of changeindicator (ROC). As displayed in the chart below, the orange-colored line measures today's closing price divided by the closing...
Pivot Points:Marked as blue or orange circles. There will be two pivots per trend. Orange/Purple Lines:Connecting all pivot points. You will see these lines change direction slightly each time a new pivot is detected (new circles appear). Green/Red Circle lines:Showing the trend line from t...
although the fact that the indicator goes to the extreme does not mean that the trend is necessarily ending immediately. However, depending on the indicator, when the value comes back from the extreme and crosses a certain threshold it may be taken as an indication of a trend change. ...
75 and 100 The indicator works on all timeframes from the 1 minute to the monthly timeframe the indicator is non repaint the indicator has 3 entry settings 1 color change on zero cross 2 color change on slope change 3 color change on signal line cross Orange line is your sell signal Blue...