Spreads are something which every pro trader looks at and almost no rookie bothers about. Does this information conveys anything to you? Today we look at the spread monitoring indicator . This indicator plots the minimum, maximum and the average spread on each candle. Since the spread data needs to...
This Indicator, which has been created by me from the original Donchian Channel indi, tries to improve the classic indicator by using two different periods, one slow and one fast. The fast period is used for the lower line when in a uptrend and inversely in a downtrend, thus reducing the channel wi...
Adjustable MA & Alternating Extremities (c) LuxAlgo "Returns a moving average allowing the user to control the amount of lag as well as the amplitude of its overshoots thanks to a parametric kernel. The indicator displays alternating extremities and aims to provide potential points where p...
This indicator shows the distribution of the number of ticks of a smaller timeframe on a larger timeframe. The yellow color signals that there were a very large number of ticks in this place and that there is an important level here. It would be nice if someone could visualize such levels on a chart