Quote:
Originally Posted by pj9100
Attached is the picture. Need to shift characters on top bars.
thanks.
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How do I use this information tool?
When I see the open-close pip range is 0 or small then I already know it is a shooting star. With your spikebar I will understand the movements of the market without using any indicators at all. I am trying to build an entire trading system using just your one tool. No more indicators will be used.
If you can put a switch to create (a) Hi-low rectangle and (a) static (fixed not dynamic should not change if switched to any time-frame) then I will tell you about my trading strategy which entirely depends on using just one tool: Spikebar. No other indicator will be needed. It will be discretionary and need to pay attention.
I am attaching two tools to give you an idea of what I want:
(a) hi-low : it should draw the rectangle from hi-low of bar length named in the input level . You can put time frame switch also from M15 to MN. And it should put hi-low values of the spikebar on the chart. 1 box 4 indicator to give you an idea of the putting high-low text for 4 Hour on the chart. But you need to put text for selected spikebar high low n timeframe.
(b) Draw static fibos (fixed so that it stays with the original spikebar and original timeframe selected) selecting hi to low and low to high. The fibs should be up to 200% up as well down. +200 and - 200 levels.