Re: MT4 Indicator requests and ideas

2331
Hey guys,

what is best alternative of this indicator?

i would like to see all indicators like this.

"PVA Bars & Candlesticks -
The PVA bars and PVA candlesticks are used together with PVA volume for easy recognition of
when special price and volume situations occur. The special situations, or requirements for
the colors used are as follows.

Situation "Climax"
Bars with volume >= 200% of the average volume of the 10 previous chart TFs, or bars
where the product of candle spread x candle volume is >= the highest for the 10 previous
chart time TFs.
Default Colors: Bull bars are green and bear bars are red.

Situation "Volume Rising Above Average"
Bars with volume >= 150% of the average volume of the 10 previous chart TFs.
Default Colors: Bull bars are blue and bear are blue-violet."




Re: MT4 Indicator requests and ideas

2337
mrtools wrote: Sat Oct 21, 2017 10:54 am

What type of bands?
I think same bands as in Averages version (uppper/lower in pips - distance from center lines) and may be HA median and or HA body median prices may apply but you knows better - in picture green/pink HA Averages version when i taken/applied Aqua bands from Averages version
thanks
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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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