LZ Kyushu Legs Basic
- Индикаторы
- Версия: 1.0
*** IMPORTANT NOTE: For the best visual experience, please change your standard chart type to 'Line Chart' (Alt+3) and set the 'Line Graph' color to 'None' in chart properties (F8) to hide the default MetaTrader candles. ***
LZ Kyushu Legs Basic is a streamlined visual momentum indicator that replaces traditional Japanese candlesticks with noise-free, wickless Kyushu Legs. By focusing exclusively on pure price momentum and filtering out market noise, this tool allows traders to easily identify the dominant trend direction.
This lightweight version provides the core visualization engine, offering a perfect, fully-functional introduction to noise-free trading.
Feature highlights
- Wickless Kyushu Legs: Replaces standard candles with solid blue/red bars that represent true momentum, completely eliminating market noise from wicks.
- Color Flip Detection: Automatically detects and alerts on the very first bar of a new trend (Color Flip), providing early warnings of trend changes.
- Side Panel Display: Choose to overlay the Kyushu Legs directly on your chart, or display them cleanly in a dedicated side panel next to current prices.
- Multi-Timeframe W1 Preview: A powerful panel that calculates and displays the higher timeframe (Weekly) Kyushu Legs directly on your current chart to keep you aligned with the macro trend.
- Non-repainting: All signals and colors are locked in once the bar closes.
Input parameters
- NK Period: The lookback period for calculating the baseline of the Kyushu Legs.
- Display Mode: Choose to replace standard candles, overlay them, or display them in a side panel.
- Color Flip Alerts: Enable or disable visual arrows and notifications for basic trend changes.
- Alerts: Full support for Popup, Push, and Email notifications.
Compatibility
MetaTrader 5. All symbols. Works on any chart period.
