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Re: Something interesting please post here (Metatrader)

bilbao, Fri May 26, 2017 6:04 am

Spike Bars indicator for MT4

Spike Bars (v3) calculates the range in pips between the opening price and the closing price of each price candle.

The indicator provides a warning system in case of spike, when the range of the candle exceeds a predefined minimum range.

A spike is a brutal break from an extreme value during a session with directional movement
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