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CP6 directed me to a site with something like this on their web page, and asked if it can be made as indicator. Well, here it is (changed their approach )
PS : if you, by chance, get a display like on the lower displayed indicator, download and install the MS LineDraw font in the attachment and check "UseMSLineDraw" to true
PPS: added a version that can recognize any broker prefix or suffix (the "any" version) It needs the "allow dll imports" enabled in order to work correctly
CP6 directed me to a site with something like this on their web page, and asked if it can be made as indicator. Well, here it is (changed their approach )
PS : if you, by chance, get a display like on the lower displayed indicator, download and install the MS LineDraw font in the attachment and check "UseMSLineDraw" to true
Their definition of "heat" is (I changed the colors in the default settings and a way symbol pairs are constructed - this way you can see relative strengths in both directions) :
strong up : current close is above prior bar high
weak up : current close is above prior close but less than or equal to prior bar high
no move : current close is equal to prior bar close
weak down : current close is less than prior bar close but greater than or equal prior bar low
strong down : current close is less than previous bar low
regards
mladen
Quote:
Originally Posted by mikkom
Very impressive indicator indeed! This is just the kind of stuff that actually helps in trading! Thanks a lot!
What is your method of deciding if a move is "strong up" "up" etc?
Linear Mode
