How do you put a consolidation into EL? - futures io
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How do you put a consolidation into EL?


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How do you put a consolidation into EL?

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  #11 (permalink)
Shaban
Turin + Italy
 
 
Posts: 104 since Feb 2020
Thanks: 12 given, 67 received


ShadowFox View Post
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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  #12 (permalink)
Shaban
Turin + Italy
 
 
Posts: 104 since Feb 2020
Thanks: 12 given, 67 received

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

--------------------------------------------------------------
{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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  #13 (permalink)
Shaban
Turin + Italy
 
 
Posts: 104 since Feb 2020
Thanks: 12 given, 67 received


For ShadowFox: You have a P.M.

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Last Updated on June 13, 2021


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