An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: www.forexfactory.com Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines. The sole input parameters are the hour at which a day is supposed to start, and the extent...
simplified version of TZ original. With Alert function Transient Zones (v420) I drew the trades on the arrow signals so you can see, its not all win, but with good money management and other ways of finding Target points (MA's or Pivots or Fib or Structure etc) It is profitable. No repaint, No offset
just shows daily high/low -- changed so default color is white, this can still be changed within the settings of the indicator.
-- Fixed --- Source: pastebin.com Fixes an issue with "Combined" mode, using wrong symbols. --- Original --- The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows. Readings below 50 indicate that there were more new lows than new highs. Readings above 50 indicate that there were more...