BarLineBreak AM

BarLineBreak AM

The indicator identifies the current trend of using the algorithm the following definition:

Trend – a situation where each successive maximum lift prices above / below the previous one, and similarly each succeeding maximum decline is higher / lower than the previous.

Beginning of a new trend is considered to be the overcoming of the current maximum / minimum of the maxima / minima specified number of previous bars.

Indicator dyes bars in accordance with the identified trend.

settings

  • Lines_Break – the number of bars, used to identify the trend.

The indicator is not redrawn.

BarLineBreak AM

Video

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