ELDER´S MARKET THERMOMETER

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ELDER´S MARKET THERMOMETER

Postby Apprentice » Mon Dec 03, 2018 6:32 am

EURUSD m1 (12-03-2018 1035).png

The Market Thermometer is described in Come into My Trading Room. It measures the degree
of volatility, as reflected in greater or smaller intraday ranges. When the Market Temperature
spikes above its average or stays below its average for a number of days, it gives trading
signals, as described in the book.

Spikes are highlighted by yellow and red bars. Quiet periods are marked with dark blue bars throughout
the quiet period.
ELDER´S MARKET THERMOMETER.lua
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