Deez wrote: Sat Jun 17, 2023 9:33 pm .-- .... .- - ..--..

The code of this indicator includes the solar wind component too,
but I'm not sure whether it's actively used,
so I decided to delete my previous comment.

OK, I checked it - the green and red histogram is the solar wind

EDIT#2: So, I enclose one more version of this popular indicator.

Hello everyone, please tell me what is this indicator?

and who can share this indicator, I will be very grateful, thanks in advance)

Meyson wrote: Sat Jun 17, 2023 10:35 pm and who can share this indicator, I will be very grateful, thanks in advance)

This is the "True Center Band" from a vendor called PatternSmart, available for ProRealCode, MultiCharts, and NinjaTrader 7/8. I'd give the external link but Jimmy doesn't allow those.

Meyson wrote: Sat Jun 17, 2023 10:35 pm and who can share this indicator, I will be very grateful, thanks in advance)

I understand that this is nothing more than an adjusted TMA. or a Center of Gravity with some settings changes. you find these indicators easily here. It is worth remembering that they repaint, that is, they serve more to give you a trading bias

RodrigoRT7 wrote: Sun Jun 18, 2023 12:12 am I understand that this is nothing more than an adjusted TMA. or a Center of Gravity with some settings changes. you find these indicators easily here. It is worth remembering that they repaint, that is, they serve more to give you a trading bias

From the product description:

"True Center Band may look like some other indicators, such as Center of Gravity (COG) and polynomial Regression Channel (PRC). But there is one major difference, TCB never repaints, because it is not calculated by future data. Reliability makes TCB looks good, works better."

True Center Band is specially designed to work on all intraday charts (tick, mins, renko, range, etc.) and daily chart. It also works on all markets (Stocks, Futures, Forex, Options, ETF, etc.)

A good indicator should make complicated things simple. Therefore, there is only 1 parameter.

Period: the number of bars used to calculate the True Center Band (TCB).

It's very easy to understand, if you want TCB to plot a long-term trend then set a big number such as 50. If you want to see a short-term trend, then set a small number such as 15."

Fortunately for us, PatternSmart has a few YouTube videos of this indicator in real-time. All of them are from 7-8 years ago. One of them is below.



As a side note: Someone on the useThinkScript forum attempted to create their own version of this indicator and provided the source code. I don't know how faithful it is to the original. One person said it repaints slightly, so if we take PatternSmart at their word, this individual's code is not a 100% accurate replica of the original True Center Band.

dmnik wrote: Sat Jun 17, 2023 8:48 pm

Hi Dmnik, these indicators don't seem to be working, i would love to test them..

Kind Regards

Meyson wrote: Sat Jun 17, 2023 10:32 pm Hello everyone, please tell me what is this indicator?

CLICK here.

Hello.
Does anyone know an indicator for MT4 that highlights candles without a shadow?
Thanks