can you please help me understand how to use it ? Especially, what does the colors indicate ?
raghavgupta677
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can you add the feature of histogram in plot background
greyghost7
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like it.
sigmadict
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Can you explain how it works please ? Thanks !
samuelhei
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hp = h/h[len] // This provides the porcentage of change of ema(high, len) considered len periods back
lp = l/l[len] // same of hp, but with lows
avg = avg(hp,lp) // Average of porcentage of change of low and High
havg = ema(highest(avg,len),len) // Highest avg of change of len periods back amortized by ema
lavg = ema(lowest(avg,len),len) //Lowest avg of change of len periods back amortized by ema
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Idea is check if the trend is making the same proportion of highs and lows in a trend move.
sigmadict
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thank you for taking time to respond !
Rocketman
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@samuelhei, Dag, I still don't understand. Is it the same thing as "Snake In Borders" on MT4 (A.k.a snake force)?