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Indicators: StepXCCX_HTF_Signal

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Automated-Trading
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Automated-Trading 2012.01.09 12:58 

StepXCCX_HTF_Signal:

StepXCCX_HTF_Signal displays trend directions from three last bars of the ColorStepXCCX indicator as three graphical objects with a trend color indication.

Unlike the original, four color indication is used here. In the overbought area defined by the Up1Level input parameter threshold value, ascending trend signals color the objects in lime, outside the overbought area ascending signals are green. In the oversold area defined by the Dn1Level input parameter threshold value, descending trend signals color the objects in magenta, outside the oversold area descending signals are red.

Author: Nikolay Kositsin

StepXCCX HTF Signal

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