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Bars Street with levels

Features

  • This indicator determines consecutive bullish and bearish bars;
  • Determines the High and Low for the last N bars (N can be changed in the settings);
  • It shows the Buy and Sell signals based on the values of other indicators, such as Bollinger Bands, Stochastic and MACD;
  • It graphically displays from 4 to 12 consecutive bullish and bearish bars with an alert;
  • It is possible to disable the alert and unnecessary graphical elements;
  • It is also possible to adjust the number of bars in history, where the graphical elements of the indicator are to be drawn (0 = all available bars);
  • There is an option to change the size of the graphical elements.

This indicator is well suited for trading binary options.


Parameters

  • Size of the indicator label - size of the indicator's graphical label (recommended from 1 to 4);
  • Width Line - width of the High and Low lines;
  • The position of the indicator label (in points) - distance from a candle's High or Low to a graphical label of the indicator;
  • Alert - alert about the appearance of a new graphical label.
  • Number of history bars - the number of bars for calculating the indicator (0 - all history).
  • Number of bars for level - the number of bars to calculate the High and Low;
  • Up trend - display the priority trend;
  • Down trend - display the priority trend;
  • 3 buy bars (on/off)12 buy bars (on/off) - enable/disable the graphical label of the indicator.
  • 3 sell bars (on/off)12 sell bars (on/off) - enable/disable the graphical label of the indicator.
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5 (7)
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Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
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Maksim Neimerik
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Tim Eubanks
5733
Tim Eubanks 2018.07.14 18:04 
 

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Mohammed Abdulwadud Soubra
36933
Mohammed Abdulwadud Soubra 2017.09.16 19:09 
 

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Versão 1.7 2017.07.31
In the new indicator version, it is now possible to track consecutive bars starting with the third bar.