I am not sure if this is useful to anyone but I just wrote a momentum candle indicator.
It basically alerts you to a candle that is a multiple of the ATR period that you want it to monitor.
For example, if the ATR5 value is 10 (ATR of the last 5 bars), and you have asked the indicator to alert you if there is a candle that is twice the ATR, then if the current candle is 20 or more then you will either get a message box alert or a push alert to your phone, or both!
Enjoy.
Momentum Candle Indicator
-
Darren
- Posts: 891
- Joined: 20 Nov 2012, 13:54
- 12
Momentum Candle Indicator
You do not have the required permissions to view the files attached to this post.
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Momentum Candle Indicator
Thanks for sharing Darren. Much appreciated. It could be very useful at times.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
The Consistent Pursuit of DS1
The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".
I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.
My Deathbed Advice "5:1 Reward to Risk Ratio".
Yo, banana boy!
