Indicators: BykovTrend

 

BykovTrend:

Simple indication of a newly born trend using colored arrows on a chart. The indicator generates its signals based on Williams' Percent Range (WPR).

BykovTrend indicator

Author: Nikolay Kositsin

 
ASCTREND SYSTEM summary (incl 2 good EAs)
 

Anyone knows the logic behind number 33 (` K=33-RISK; `), which is used inside code of this indicator?