Intrest 1 wrote: Mon Jun 24, 2024 4:20 am Can I ask you to make an random walk index delta indicator that displays the degree of divergence of index lines approximately like in the picture?
I depicted how, on the downward movement after the histogram indicator's signal, the delta will change color depending on the convergence and divergence of the lines.
- If during the downward movement the distance between the lines increases, then the color is histogram red
- If the distance between the lines decreases, then the color is histogram is green
Clever suggestion idea I particularly like the option of: Change Color on Signal Cross Delta as you can wait then catch outbursts of volatility on it.... really good work & indicator this is peak technical analysis thank you Kvak and Intrest 1!!kvak wrote: Sun Jun 30, 2024 5:51 am Random Walk Index (RWI) indicator with added Delta calculation 4x Histogram options