Running Minimum High

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The running minimum high looks at the minimum high from a defined lookback period (default 10 days) and plots that on the price chart. Green arrows signify when the low of the candle is above the running minimum high (suggesting an uptrend), and red arrows signify when the high of the candle is below the running minimum high (suggesting a downtrend).

It is recommended to use this on high timeframes (e.g. 1 hour and above) given the high number of signals it generates on lower timeframes.

17 thg 6

Phát hành các Ghi chú

The running minimum high looks at the minimum high from a defined lookback period (default 10 days) and plots that on the price chart. Green arrows signify when the low of the candle is above the running minimum high (suggesting an uptrend), and red arrows signify when the close of the candle is below the running minimum high (suggesting a downtrend).

It is recommended to use this on high timeframes (e.g. 1 hour and above) given the high number of signals it generates on lower timeframes.

EDIT: Changed exit signal to when close is below minimum high.

29 thg 7

Phát hành các Ghi chú

JULY 29TH UPDATE: Includes profit table, which shows overall profit calculations and profit after 5 bars with the option to show the profits in pips (EUR-USD style) for FOREX,