How do you put a consolidation into EL?

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ShadowFox

You can change this in the data symbol settings. Right click chart, edit symbol, scaling, uncheck the expand range to include studies option.

Thanks, it works now:

For SunTrader: the download file contains only a text file with the formula of the indicator, there are no .Eld files;
it has already been downloaded several times, and it is 100% safe, I have just verified it with Virustotal (56 antivirus):

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The Supertrend also identifies congestion phases well; the formula is this:

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{SuperTrend - Indicator}

Inputs:
ATRLength(10), ATRMult(3), UpColor(green), DnColor(red);

vars:
ATR(0),
avg(0),
dn(0),
up(0),
trend(1),
flag(0),
flagh(0),
SuperTrend(0);

ATR = AvgTrueRange(ATRLength) * ATRMult;
avg = (high + low)/2;
up = avg + ATR;
dn = avg - ATR;

if close > up[1] then
trend = 1
else if close < dn[1] then
trend = -1;

if trend < 0 and trend[1] > 0 then flag=1 else flag=0;
if trend > 0 and trend[1] < 0 then flagh = 1 else flagh = 0;

if trend > 0 and dn < dn[1] then dn=dn[1];
if trend < 0 and up > up[1] then up=up[1];

if flag = 1 then up = avg + ATR;
if flagh = 1 then dn = avg - ATR;

if trend = 1 then SuperTrend = dn else SuperTrend = up;
Plot3(SuperTrend,"SuperTrend",iff(trend = 1, green, red));

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For ShadowFox: You have a P.M.

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This Indicator is definitely better, but...unfortunately it is paid:

image sharing website

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If it helps you, you could try the function: ChoppyMarketIndex, made by George Pruitt in his book:
Building Winning Trading System with Tradestation -2a ed, which was reported here:

Trading Systems Code in Pruitt Trading Strategies

Hi,

A few years ago, a friend of mine told me that to get the signals of the Trading System: Dynamic Breakout II, in the window: Format Analysis Techniques & Strategies (Properties for All label), you have to write: 1500 in the voice:
Maximum number …

How do you put a consolidation into EL?

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How do you put a consolidation into EL?

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