TRO_00255075 CHART INDICATOR

[TheRumpledOne]

I know someone would ask, so the eld and a 4 chart workspace are attached.

The "+"s are placed at the closest .xx00, .xx25, .xx50 and .xx75 levels.

These are psychological barriers.

By the way, there's an input, iOffset, that moves the lines by the number of pips entered.

So if you want your lines at xx05, 0030, 0055, 0080 instead, set iOffset to .0005.

Just remember, take the trade in the direction of the FIRST CROSS!

I usually use a 60 minute chart.

[TheRumpledOne]

Can't help playing with this




That's what a 1 tick chart looks like.

I set the periods to 55 ( a fib number ) for the dynamic s/r.

[eudamonia]

TRO,

This looks very promising. Thanks.

Edward

[TheRumpledOne]

I cleaned up the code.

Added iNumber so it can work with stocks too! Use .0025 for FOREX, .25 for stocks.

I also allow the user to specify the colors.

ELD attached.

[TheRumpledOne]

I added an input, iRound, so it will work on stocks.

Defaults to FOREX.

Set iRound = 0 for stocks.

ELD attached.