This is a great indicator, it's exactly what's needed for M5 and M15 charts.
The logic is simple and clear: it finds spikes and draws zones. The arrows and colored rectangles make it really easy to spot potential reversals. The fact that you can change the wick length and zone width is a big plus because you can adjust it for any pair.
This is a great indicator, it's exactly what's needed for M5 and M15 charts.
The logic is simple and clear: it finds spikes and draws zones. The arrows and colored rectangles make it really easy to spot potential reversals. The fact that you can change the wick length and zone width is a big plus because you can adjust it for any pair.