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Dip histogram

Big changes in prices (dips) can be opportunity for entering trend reversal trades. Dip histogram shows these big price movements. User can define minimal movement in %, as well as timeframe which will be used for calculation of price movement.

Dip histogram input settings:

  • Dip period - timeframe which will be used for price change calculation
  • Price to compare - price type to compare
  • Indication method - percent (alert when price movent is > min. dip in %) / Dip MA (alert when price movement is > dip moving average)
  • Min. dip in % - minimal value of price movement for alert
  • Dip histogram MA period - period of Dip histogram moving average
  • Bars limit - bars limit for drawing indicator objects
  • Use alerts - turn on/off popup alert
  • Use push notifications - turn on/off push notifications
  • Use email notifications - turn on/off email notifications
  • Show dip MA - turn on/off histogram moving
  • Show info text - turn on/off info text
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Trend surfer is indicator based on volume calculation in combination with algorithm that recognize trend changes . For aditional filtering, user can choose from 3 different oscillators, or can use their combination. Basic idea of indicator is to give signal when current volume is above value defined as Volume MA period*Volume MA multiplier, and trend change algorithm detects start of new trend wave. When all conditions are met and new trend wave is detected, indicator plot arrow on chart. Arrows
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