It is an indicator inspired by Didi=Index, but with the following SUPPLEMENTS: Bollinger Bands , Needle Detector with 100% accuracy, Trend Strength Indicator and Trend Tracker Coloring Scheme.
Observation:
> thicker colored line is the I20/8 indicator;
> white line is the I3/8 indicator;
> thinner colored line is the Trend Strength Indicator.
The blue and yellow columns also function as force indicators and serve to detect needle sticks.
No tolerance up to the 1% level to confirm a stronger downtrend.
In the DELTA version: automatic needling detection; marking on the center line of the indicator; candles also marked; yellow for low needle; blue for high needle.
Horizontal levels are most recommended for weekly, daily and 4-hour charts (more compatible with swing trading).
For smaller timeframes, preferred for daytrade, it is recommended to remove the horizontal lines or test other levels.
Observation:
> thicker colored line is the I20/8 indicator;
> white line is the I3/8 indicator;
> thinner colored line is the Trend Strength Indicator.
The blue and yellow columns also function as force indicators and serve to detect needle sticks.
No tolerance up to the 1% level to confirm a stronger downtrend.
In the DELTA version: automatic needling detection; marking on the center line of the indicator; candles also marked; yellow for low needle; blue for high needle.
Horizontal levels are most recommended for weekly, daily and 4-hour charts (more compatible with swing trading).
For smaller timeframes, preferred for daytrade, it is recommended to remove the horizontal lines or test other levels.