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Bressert Hal Medium

HAL Medium changes color based on market patterns in real time with a real time cycle count.

There are four values that determine this BAR Graph. This indicator will move slower than HAL Fast.

When the indicator moves above the last bar, it will turn Green, and when it moves below the last bar, it will turn Red.

We added a cycle count to the indicator in real time so you can easily see the number of bars the indicator went up or down. This follows the first trade pattern below.

You have the option to turn all the bars green above the mid level set at 55 and all red when below the mid level. It follows the second trade plan below.

There are two entry patterns to look for.

1. Buy or Sell when the current bar is higher or lower than the previous bar. When it moves up, buy it, when it moves down, sell it.

2. Buy or sell and HOLD on a move above or below the mid level.


Inputs

  • Crossover = 0
  • DivBars = 8
  • BuyLine = 55
  • SellLine = 55
  • ColorOn Turns = indicator turns green on upturns and red on downturns
  • ColorOn False = indicator only turns green above BuyLine and red below SellLine
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Version 1.20 - 2016.12.29
Fixed the double txt for the auto cycle numbers when changing time frames
Version 1.10 - 2016.12.27
Updated the correct name, the font size of the auto cycle indicators. Change the width of the bars to be smaller to fit better. Change the color to be brighter