This indicator looks for where market momentum is waning. It uses Heikin-Ahi for that. Heikin-Ashi averages the Open and Close prices, so the entity is not compressed as often as candles. Using this characteristic, the continued compression of the entity is indicated as a decline in the market.
Settings: Period - The degree of compression is calculated as a stochastic-like percentage. Specify the period to be used for the calculation. Level(%) - If it is smaller than this number, it is assumed to be compressed. Minimum period - The agreement shall be valid if it has been continued for at least this period.
Информация о релизе
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Added an option "Box extend"
Информация о релизе
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The calculation method has been changed. In addition to the calculation using Stochastic, the ranking method is used to calculate and synthesize the results.