Jump to content
Medved Trader Forums
  • 0

Indicator to display tops/bottoms and price/percentage change and maybe even velocity


elisa
 Share

Question

In my journey in testing out different platform I found super insightful the below indicator that identifies pivot points and displays price/percentage change and even the number of bars in each swing. Lines are color coded to express velocity of those moves based on price change vs bars taken.

image.png.a3f23aef387eb984a0917103db0f3e99.png

Link to comment
Share on other sites

6 answers to this question

Recommended Posts

  • 0

tried it, I believe displaying price change and/or percentage change and/or number of bars/candles makes a huge difference

23 hours ago, Mike Medved said:

Did you try the Zig Zag indicator in MT?

 

Sure, trying out things is where I do best. Here is a screenshot from MT and a screenshot to compare it to.
How do the two compare in your opinion?
Are they as effective? Can they be read just as fast? Are they as clear? Do they convey the same information?

image.png.a02277ff084158f4a3f1308f68ff1bb7.png
image.thumb.png.71ae80337a37137f29c134808404f11d.png

Edited by elisa
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

×
×
  • Create New...