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Indicators: Histogram Blanket

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Automated-Trading
Admin
102603
Automated-Trading  

Histogram Blanket:

This new representation helps to see charts in a new different way.

Author: takycard

Taufiq
113
Taufiq  

How to trade this indicator please?

takycard
2857
takycard  
Taufiq:

How to trade this indicator please?

It's not an indicator, it's another way to look at the market, you can choose candle, bar, or blanket :)

You must tried it few days and you will see that the market mouvement is easer to read. 

people give too much credit to the candle body and not enought to the shadow, here you can fully see what the market is really able to give you :) 

Taufiq
113
Taufiq  
takycard:

It's not an indicator, it's another way to look at the market, you can choose candle, bar, or blanket :)

You must tried it few days and you will see that the market mouvement is easer to read. 

people give too much credit to the candle body and not enought to the shadow, here you can fully see what the market is really able to give you :) 


Very clear explanation and reason. I've used it for some times and it gives new perspective in viewing the charts.

Thank you.

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