icostan

Month breaks

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A very simple indicator that marks the start of every month with a vertical line. But default the vertical line is gray with 80% transparency but you can customize the style/color/transparency as you like.

I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons:

1. beginning/end of the month is an excellent pivot-point
2. to be simple, easy to customize and non-intrusive with the underlying chart

See the attached EURUSD daily chart , at the beginning of every month the price pivoted up and down, can you figure out what happens at the end of Dec 2019?


Trade long and prosper!!!
Jan 08
Notas de prensa: CHANGES

- display the indicator on intraday and daily time frames only
- hide indicator value label on price axis
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Comentarios

Cool indicator i was searching something like this for a long time. But i have a problem with it when i enable the indicator sometimes it goes in crash :(
Responder
icostan the_bejan
@the_bejan, thank you for letting me know, I will fix the indicator but for now you can work around this issue by right clicking on price scale and check "Scale price chart only" option.
+1 Responder
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