With this indicator i tried to create a more clear view of the daily chart. This indicator only works on the daily chart.
This is how the plotted line is created: When the 'day close' is greater then the 'day hl2' it plots 1 up 'color = green' When the 'day close' is lesser then the 'day hl2' it plots 1 down 'color = red'
When the 'day hl2' is greater then the 'previous day hl2' it plots 1 up 'color = green' When the 'day hl2' is lesser then the 'previous day hl2' it plots 1 down 'color = red'
When value (position) of plotted point is on the same value (position) as previous point it plots the color yellow.