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Mongol Indicator2

It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws.

I used to display this against lines on a chart, but made a histogram out of it and it looks interesting.

It looks good at gauging trend strength and general turns (see image below).

The name of the indicator is BAM, which is an acronym for "Below and Above Mid".

Ways to use it:
1. To see general trend on longer TFs (more than 30 bars back).
2. To see market vs mid of HH LL range at any time.
3. It can tell you a possible trend has just started.
4. It can tell you when to possibly stay out against a trend.
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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
TakePropips Donchian Trend Pro
Eric John Pajarillaga Aldana
4.61 (18)
TakePropips Donchian Trend Pro   (MT4) est un outil puissant et efficace qui détecte automatiquement la direction de la tendance à l'aide du canal Donchian et vous fournit des signaux de trading d'entrée et de sortie ! Cet indicateur multifonction comprend un scanner de tendance, des signaux de trading, un panneau statistique, un filtre, des sessions de trading et un tableau de bord de l'historique des alertes. Il est conçu pour vous fournir des signaux de trading et vous faire gagner des heures
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Mongol indicator
Sumiyabazar Buyanjargal
It's a variation of mid of HH and LL since it compares the higher of HH or LL against a period and twice the number of bars back to avoid whipsaws. I used to display this against lines on a chart, but made a histogram out of it and it looks interesting. It looks good at gauging trend strength and general turns (see image below). The name of the indicator is BAM, which is an acronym for "Below and Above Mid". Ways to use it: 1. To see general trend on longer TFs (more than 60 ba
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