Indicators: Frog Jump
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.
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
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
Frog Jump:
Hides Alone Candlesticks
Author: Rajesh Kumar Nait