Hi everyone,
I kindly ask programers to take a look at the code and, if possible, explain it in plain English:
at what moment of time does this indicator change direction?
That's it.
The following is totally unclear to me
The moment I write this message
GBPUSD M1 has 32785 bars of uptrend and that means almost 23 daily bars
M5 has 1525 bars of uptrend - 5.3 daily bars
M15 has 523 bars of uptrend -5.4 daily bars
whereas
M30 has 56 bars of downtrend - 1.16 daily bars
H1 has 21 bar of downtrend - almost 1 daily bar
and finally H4 has 68 bars of uptrend - means 11.3 daily bars.
D1 has 12 bars of uptrend
Question again: how is it possible that one minite bar chart counts 22 days of uptrending Cable and at the same time so drastically differs from H1 chart?
Thanks