Hi everyone,
I would like to know if it is possible to create an indi that shows the pivot of the previous, and if possible the current bar?
This is important for the trading style that i aply, wether the price closes above or under it,.. i use it to determine if the trend is still strong enough or not: or possible reverse,..
On high timeframes i use the fibbo tool, but on lower timeframes it's kinda anoying to drag and meassure it all the time
I would propose a simple dot in the bar that moves up and down when the bar goes lower or higher. Since i don't want my chart full of dots, only previous and current bar will do.
I'll post an example, sometimes the pip difference of the close of current bar from the 50 % of previous bar is very little.
now i think of it, maybe adding a dot for 38.2 and 61.8 would also be nice.
I hope some1 can creat such indi pls!
Thanks in advance.
regards
I would like to know if it is possible to create an indi that shows the pivot of the previous, and if possible the current bar?
This is important for the trading style that i aply, wether the price closes above or under it,.. i use it to determine if the trend is still strong enough or not: or possible reverse,..
On high timeframes i use the fibbo tool, but on lower timeframes it's kinda anoying to drag and meassure it all the time
I would propose a simple dot in the bar that moves up and down when the bar goes lower or higher. Since i don't want my chart full of dots, only previous and current bar will do.
I'll post an example, sometimes the pip difference of the close of current bar from the 50 % of previous bar is very little.
now i think of it, maybe adding a dot for 38.2 and 61.8 would also be nice.
I hope some1 can creat such indi pls!
Thanks in advance.
regards
Attached Image
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