Indicators: Value Charts

 

Value Charts:

Value Charts is a detrended price indicator, it shows the overbought and oversold states using the detrended price extremes.

For a nice description, see the "Dynamic Trading Indicators: Winning with Value Charts and Price Action Profile" book Mark Helweg and David Stendahl, this book is very good.

Value Charts indicator

Author: FxGeek

 
Automated-Trading:

Value Charts:

Author: FxGeek


how do I make these arrows a lil bit more far away from candles?

 

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Hi, thanks for this indicator. I have a question: is it possible to have alert on this indicator? Thanks a lot for your reply...

 
Erroe "zero divide" because variable _AValue is equal to zero!!! Please correct it!