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Price Trail Chart

5

For those who hate candlesticks in lower timeframes (M1 through M15) we "invented" a clean new way to follow Price movement and displacement (volatility) called Price Trail Chart. The big "secret" is to get rid of those annoying candle wicks and draw the whole complete candle without them, this way we get a cleaner chart and a new view of the Price Path. No Open or Close markings, just LOW's and HIGH's, full body candle.

Additionaly we inserted a Volume monitor from our Best Downloaded indicator called Big Player Candles, painting with colors you choose the different volumes happening at each candlestick.

Give it a try, you may get surprised with a calm new way of looking at a Price Chart: just the Price Trail!


SETTINGS

  • Ability to turn ON/OFF the Big Player Candles monitor.
  • Volume Period (bars) to analyze.
  • Volume Type to process: Real Volue / Tick Volume
  • 5 colors for UP movement: Low, Medium, High and Ultra High.
  • 5 colors for DOWN movement: Low, Medium, High and Ultra High.


As always, if you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...   

This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

With No Strings Attached!  Ever!


Live Long and Prosper!

;)


Bewertungen 4
heiko v.piechowski
1462
heiko v.piechowski 2024.04.17 11:24 
 

super, thanks for share

Luis Felipe
28
Luis Felipe 2022.09.12 23:04 
 

Poderia adicionar um Alerta para os Candle Very high e Ultra high volume por favor, esse indicador com alerta vai salvar a vida de muita gente

Marcelo De Farias Viana
167
Marcelo De Farias Viana 2021.04.23 17:38 
 

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4.82 (56)
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Flavio Javier Jarabeck
The Market Momentum indicator is based on the Volume Zone Oscillator (VZO), presented by Waleed Aly Khalil in the 2009 edition of the International Federation of Technical Analysts journal, and presents a fresh view of this market valuable data that is oftenly misunderstood and neglected: VOLUME. With this new approach of "seeing" Volume data, traders can infer more properly market behavior and increase their odds in a winning trade. "The VZO is a leading volume oscillator; its basic usefulnes
Auswahl:
heiko v.piechowski
1462
heiko v.piechowski 2024.04.17 11:24 
 

super, thanks for share

Luis Felipe
28
Luis Felipe 2022.09.12 23:04 
 

Poderia adicionar um Alerta para os Candle Very high e Ultra high volume por favor, esse indicador com alerta vai salvar a vida de muita gente

Marcelo De Farias Viana
167
Marcelo De Farias Viana 2021.04.23 17:38 
 

TOP DE MAIS

Aleksandr Tamonin
4109
Aleksandr Tamonin 2021.01.24 17:37 
 

Отличный индикатор, автору спасибо!

Antwort auf eine Rezension
Version 1.1 2020.06.06
:: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...