Indicator based on strategy shared by Nimblr in Elearnmarket Face to face interview Red Circle means "Indecision" (I) Green Plus means "Momentum" (M)
發行說明
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.
發行說明
Indecision candle is defined as (open-close) < 0.15*(high-low) And that candle is marked with red circle and 'I'
發行說明
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).