Shows the tick chart in a separate window, with Ask line. The three additional variations plot the Median, Typical and Weighted candle prices aswell.
The price lines can be used for support/resistance and to gauge the direction of movement, also for trading signals when the Bid line (red) crosses or bounces off them, as pictured below.
Median = High + Low /2
Typical = High + Low + Close / 3
Weighted = High + Low + Close + Close / 4
All four indicators shown in window...
FX Tools release : Levels RMS - Professional background Risk management system for manual or automated trading. - www.fxtools.info
The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.Average Directional Movement Index (ADX)
The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.