TREND SQUEEZE

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TheRumpledOne
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TREND SQUEEZE

Postby TheRumpledOne » Wed Aug 15, 2007 7:01 pm

TREND SQUEEZE



Found this indicator on the TS forum.

Of course, I modified it...



I added a few inputs.

iPMSM, if TRUE plots the POOR MAN'S SLOT MACHINE display instead of the histogram.

iPlotAvg, if TRUE plots the average line ( I don't know why you want this plotted - could someone please ask Mix7 on the TS forum )

Also ask what is the significance of the histogram bar height.

ELD attached.

P.S. I also have RADAR SCREEN code but the values do NOT match the chart... another TS problem that should have been fixed VERSIONS ago!
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IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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cvax
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Postby cvax » Wed Aug 15, 2007 8:09 pm

I'm guessing yellow means stay out, blue means go long, red means go short?

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TheRumpledOne
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Postby TheRumpledOne » Thu Aug 16, 2007 5:40 am

cvax wrote:I'm guessing yellow means stay out, blue means go long, red means go short?


I put the link where I found it in the ELD. You can read about it there.

Yes, blue (after a yellow) = long, yellow = wait, red (after a yellow) = short.
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