Re: Something interesting please post here (Metatrader)

1014
RJT Matches

Rafael Jimenez Tocino's code

The indicator helps to determine the end and the beginning of trends based on the slope of the match lines and the color of their heads.

The slope of these lines shows the evolution of the price trend. This indicates the strength of the trend, whether it will continue or whether we need to prepare for a change of direction.

Each match is a line between the opening price of one bar and the closing price of the next. The option is suitable for intraday trading (scalping, swing) on ​​small timeframes (minute / hour).
These users thanked the author mntiwana for the post:
SijjiN
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.




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