REX Oscillator Averages with Donchian Channels (Filtered) with MTF + Arrows & Alerts太虚一毫 wrote: Tue Oct 24, 2023 2:01 am REX is a very good indicator!
Attempt to swing trade with REX.
The teacher thinks about whether it can be done: when the REX trend line turns cyan, that is, the rising band, (in the main chart window) displays 1 up arrow; When it turns rose, i.e. the downward band, 1 downward arrow (in the main chart window)?
Show only 1 arrow?
The merit is immeasurable!
The only way I know of doing it is this way, mainly because the trend depends partially on the previous bar.
For information on this indicator and what it does, please see this post: What is the REX indicator?
thank you mrtools i was not expecting t