Re: Identify This Indicator

1203
constbln wrote: Wed Jul 21, 2021 12:58 am chris I it seems like a visual confirmation. simply look what the indicator is doing while things unfold on the chart

so lets take a look at my picture (bearish red/histo)
1. histo turns green when price is above ma B and when the ma turns green (1)
point 4: histo is not green when price is below the white ma

bullish/green histo
histo is red when its below the white ma (A) and below the the thick ma B
red disappears when price is below B but above A

so its trend strength thing

at least in the picture from one of his last posts
As promised. its indicator is based on Fisher. But which one ??? Don't ask me, these indicators are a demo account.
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Re: Identify This Indicator

1209
bludoc1914 wrote: Tue Aug 10, 2021 12:41 pm Any idea what the circled indicator is? I know it has something to do with support and resistance
Hi,

That indicator you looking for, I think is based on ZigZag. Be aware that top and bottom lines would be repainting and moving further, if the trend continues. I tried to find something similar, and will attach it here.
Sincerely,
Sergei



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