Indicators: Frog Jump

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Frog Jump:

Hides Alone Candlesticks

Frog Jump

Author: Rajesh Kumar Nait

 
that's interesting, when was this study done? 
 
Conor Mcnamara #:
that's interesting, when was this study done? 

if the frog jumped over points instead of candles i think we;d get a renko chart if im not mistaken

 
Lorentzos Roussos #:

if the frog jumped over points instead of candles i think we;d get a renko chart if im not mistaken

Right. In candle there is no fixed points so we are validating candles which are not alone based on idea that for a valid move candle should move 2 points or 2 candles in same direction otherwise it's considered noise.
 
Rajesh Kumar Nait #:
Right. In candle there is no fixed points so we are validating candles which are not alone based on idea that for a valid move candle should move 2 points or 2 candles in same direction otherwise it's considered noise.

It's good that you use both a before index and future index so it won't lag too much, only lag by one bar which is ok. In visual it's making swings easier to see. Some people say you can see market swings with the naked eye, but I never could do that easily

 
Conor Mcnamara #:

It's good that you use both a before index and future index so it won't lag too much, only lag by one bar which is ok. In visual it's making swings easier to see. Some people say you can see market swings with the naked eye, but I never could do that easily


Further you can customize frog jump to hide 2 bar or 3 bar as well for next level research..
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