BarLineBreak AM
- Indicatori
- Andriy Matviyevs'kyy
- Versione: 27.0
- Aggiornato: 17 settembre 2023
- Attivazioni: 5
The indicator detects the current trend using the following definition:
A trend is a market situation when each subsequent peak is higher/lower than the previous one, as well as each subsequent bottom is higher/lower than the previous one.
Exceeding all previous peaks/bottoms on the specified amount of bars by the current peak/bottom is considered to be a beginning of a new trend.
The indicator paints bars according to an identified trend.
The indicator does not repaint.
- Lines_Break - number of bars used for detecting a trend.
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