After watching some of the video, Its actually pretty genius in its simplicity.kvak wrote: Sat Apr 20, 2024 8:21 am Expansion Contraction indicator with Color Filling, Arrows & Alerts
Hello, here is little updated version with filling, arrows and alerts for test.
Arows/alerts for fast/slow cross.
To recap,TransparentTrader's original post which includes the full description is here.
- This indicator compares two price points (High and Low) by using a Moving Average channel and using a second, built-in indicator that compares the two price points (High and Low), through two longer look-back Moving Average Channel settings.
- It utilizes Standard Deviation for volatility readings
- Aims at being "zero lag"
- Is marketed as an all-in-one indicator
Attachments forums
Re: Various (Specialist) indicators for MT4
FXSurf, Mon Apr 22, 2024 10:09 am