I like using Line Break Chart on stock charts. It works pretty well for me.
So I would like to use it in several strategies.
Is it possible to create an indicator which easily know when the chart changes from bullish/bearish? (green in blue for example).
How?
There is code for that?
--
Laurent
Line Break Chart in Indicator
- TJ
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Re: Line Break Chart in Indicator
There are quite a few codes available on the web,I like using Line Break Chart on stock charts. It works pretty well for me.
So I would like to use it in several strategies.
Is it possible to create an indicator which easily know when the chart changes from bullish/bearish? (green in blue for example).
How?
There is code for that?
--
Laurent
they are either called 3 Line Break or 3 bars reversal.
These indicators are applied to a regular chart, you do not need to use it on MultiCharts' special chart types.
- TJ
- Posts: 7744
- Joined: 29 Aug 2006
- Location: Global Citizen
- Has thanked: 1033 times
- Been thanked: 2223 times
Re: Line Break Chart in Indicator
here are some examples:
3 Bar Reversal
http://www.tradersxchange.com/viewtopic.php?f=48&t=363
Three Line Break
http://www.tradersxchange.com/viewtopic.php?f=48&t=482
3 Bar Reversal
http://www.tradersxchange.com/viewtopic.php?f=48&t=363
Three Line Break
http://www.tradersxchange.com/viewtopic.php?f=48&t=482