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Has anyone coded these indicators?
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Has anyone coded these indicators?

  #11 (permalink)
Market Wizard
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phil View Post
Hello.
Here is an idea for an indicator.
When range bars are being completed at a fast rate it is usually indicative of market movement in that direction.
A handy indicator would show the speed--perhaps in color---of range bar formation.

red- very slow
pink- slow
gray- medium
light green-fast
dark green-very fast

perhaps a color bar in a sub-graph
phil

Have you taken a look at Aligator's GradientColorbars?

https://futures.io/elite-circle/20413-gradient-color-bars.html

They don't take the speed of the bar into account, but thought you might want to put them on a chart & see if they help.

After all, it's what you learn AFTER you know it all, that counts!
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