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Execution time 4 days
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Paints an horizontal line when:
-> The price makes X amount of candles:
Line at the beginning of the body.
The candle previous to the first needs to be
of different color
:
In this example, the parameter was set to 7, so after 7
green or red candles, and the previous candle of the first is of different
color, will place a line at the origin of the first candle.
->When 3 (or more) candles are bigger than X amount of pips (from open to close, no wick included) and the previous candle is of different
color:
Previous candle of different color
Line at the origin of the body
:
In this example, the parameter was set to 2,5pips (in different pairs) , so when 3 candles are found
with 2,5 pips or more, and the previous
candle of the first is of different color, will place a line at the origin of the first candle.
-> When 1 candle is bigger than X amount of pips:
Previous candle of different
color
Line at the begging of the candle
In
both examples, the parameter was 4 pips. So after it found
a candle, that is next to a candle of different color, it will
draw
a line at the beginning of the movement.
------IMPORTANT------
The indicator will trigger an alarm when the price touches the
line in the future
There will be an arrow the next time the prices touches
It will evaluate X amount of candles in the past, to
avoid having too many lines.
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