Anybody know MT4 indicator w/ dots which go farther apart as trend kicks in?

[alpha1000]

- basically, if you are in a consolidaiton phase, the dots (which show up either under or over the candle) end up being kind of scrunched together -- a nice visual indication that you should not be in the market

- then, as a trend kicks in and the price climbs, the space between the dots on those candles widens, a confirmation that the trend is moving up (or down) ...

- then, when you see the dots narrowing again and scrunching together again, you know the trend is fizzling out and be looking to exit

- any info would be appreciated

-thanks

[[Deleted]]

Thanks for the tip.

[ICARU525]

are you asking what the indicator is called? if so it's parabolic SAR

t.i.e

icarus

[amirwol]

would u mind elaborating more on wat a parabolic SAR is? im sorry but i just started forex and im currently reading a book on japanese candlesticks

[droesparky]

Here is one that is in a seperate window that will do what you are asking for.

[Paulus O]

New version I think