Indicator based on strategy shared by Nimblr in Elearnmarket Face to face interview
Red Circle means "Indecision" (I)
Green Plus means "Momentum" (M)
Red Circle means "Indecision" (I)
Green Plus means "Momentum" (M)
版本注释:
There are only possibilities for this either the candle will be indecision or momentum.
So removed indecision filter
Also removed naming to make charts more clean.
So removed indecision filter
Also removed naming to make charts more clean.
版本注释:
Indecision candle is defined as (open-close) < 0.15*(high-low)
And that candle is marked with red circle and 'I'
And that candle is marked with red circle and 'I'
版本注释:
Now a user can defined percentage of Momentum and Indecision Candle. Default value of Momentum candle is 50% of (high-low) and for indecision candle is 15% of (high-low).
User can set any percentage value now.
User can set any percentage value now.