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Railroad Track

This is one of my preferred indicators where it plots on the chart Railroad Track candles, i.e. candles that have similar size. It is a very good indicator for trend direction.

In the settings there is an option for Max candle size and Min candle size and also for the percentage for the tolerance between the Min and Max candle size.

The candles values are calculated for High and Low.

Have fun and enjoy trading!

P.S. Please send me a message or leave a comment with any suggestions or improvements you would like in the upcoming updates.

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A very useful indicator to show you the previous day High and Low level as a channel on any time frame. This is an essential tool that helps you identify the current market position and trend. Every trader should have this in his toolbox, as sometimes when working on smaller time frames we forget about what happened yesterday :) and therefore we get distracted by false movements of the market. I hope you enjoy my products and for the Demo version before leaving a negative review (if the need a
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