can you tell me what is the average length of this default indicator?
Beejinator
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Hey this is great! Any way to get it to color the wicks as well? Would give it that finishing touch, looks a little weird with different colored wicks.
Methos-
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How is the trend calculated? It would help to work into another strategy if we understand what this one is doing... Is it a moving average crossover? etc...
thermal_winds
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@Methos-, It does not use moving average instead it calculates the average range of previous candles and compares the current price with the middle point of that range, if close is higher the candle is bullish otherwise bearish. It is usually used to suppress noise but, among price indicators, it's a leading one.
eptspy
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Can I get source code please?
warrenbitcoin
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This is awesome, thank you very much. I was reading his book last night and wanting to add this indicator as it's something I struggle with and here it is for free. Thanks again!