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Market Pulse AM
The indicator analyzes the direction of the short- and long-term trend over the given periods taking into account market volatility. This approach allows combining high sensitivity of the indicator with a high probability of its signals. The indicator use principle is very simple:
- indicator histogram above 0 is a buy signal;
- indicator histogram below 0 is a sell signal;
The indicator is not redrawn on completed bars.
- Sensitivity_1 - indicator sensitivity on a smaller period;
- Sensitivity_2 - indicator sensitivity on a larger period;
- IndBarsCount - the number of bars on which the indicator is drawn.