Plotting Highest highs and Lowest lows for specific length (can be defined in settings). The blue line is whom determinate the direction. Blue line is the average of the highest highs and lowest lows smoothed by EMA.
Green - Up Trending. Red - Down Trending. Yellow - Squeeze, a reversal might be coming.
Any suggestions/comments are welcome as this is an experiment.
Notas de prensa
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* Trend plot is now colored. * Changed ATR default value from 17 to 14
Notas de prensa
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Option to disable view of tunnel. Added additional (optional) Arnaud Legoux Moving Average (ALMA) besides EMA.