Indicators: Extrem_N
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Extrem_N:
A plain and simple indicator. The indicator considers there is a downtrend, if the current low is lower than the low located N bars before.
Conversely, there is an uptrend, if the current high is higher than the high N bars before. You can set the check depth in the properties. The indicator is good for finding rollbacks to use them as entry points.
Fig.1. The Extrem_N indicator
Author: Nikolay Kositsin