I'd like to request consideration for adding as a Resolution a reversal bar where one can set it to any particular amount (I will use 8 for purpose of providing explanation in reference to ES emini). So, with an 8 tick reversal bar chart a new bar will not plot until the price has reversed from the high or the low of the bar by 8 ticks. This helps gauge the momentum of a price series and whether there is any significant pullback and when a particular momentum move may be exhausting itself.
I would really appreciate implementation of this.
Questions about MultiCharts and user contributed studies.
2 posts • Page 1 of 1