TheRumpledOne wrote:midpoints:
1) if the current candle breaks the high of the previous and has an extreme that is at or below the previous midpoint then the
midpoint = (high + previousMidpoint) / 2
2)else midpoint = (high + low) / 2
May I suggest:
midpoints:
1) if the current candle breaks the high of the previous and has an extreme that is at or below the previous midpoint then the
midpoint = (high + previousHigh) / 2
2)else midpoint = (high + low) / 2
Hi TRO / MightyOne,
What if the current candle breaks the high of the previous candle and has an extreme that is not at or below the previous candle midpoint? How would u define the midpoint in that case?
Thank you,