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Reaction points

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Reaction points

Postby Apprentice » Mon Jan 13, 2014 2:45 pm

Reaction points.png


In the book "New Concept from TTS" by Welles Wilder provided 4 price action points for the following day
based on HLC today

X= (H+L+C)/3

1.B1= 2X-h
2.S1=2X-L
3.HBOP=2X-2L+H
4.LBOP=2X-2H+L

Reaction points.lua
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Re: Reaction points

Postby Jeffreyvnlk » Mon Jan 13, 2014 6:01 pm

Appreciated if there is an option to chose fewer days to display that indicator on the chart
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Re: Reaction points

Postby Apprentice » Wed Jan 15, 2014 3:24 am

Look Back Period Added.
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Re: Reaction points

Postby Jeffreyvnlk » Thu Jan 16, 2014 9:27 am

Apprentice wrote:Look Back Period Added.


Perfect.Thank you very much
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Re: Reaction points

Postby Apprentice » Sun Jun 18, 2017 1:09 pm

The indicator was revised and updated.
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