trend cycle
Posted: Wed Jan 03, 2018 5:25 amHi
Any chance to translate this indicator into lua?
Short overview: I have found it that it is very useful when changed into higher time frame and has got a wide range of price options. It changes colour with 'trend change', but to be honest only if used in higher time frame, on current time frame it may be inaccurate - sideways market may throw it off balance. Though tweaking settings might improve it. Regardless of that on current time frame is better when used with other indicators (slower momentum?).
Kind regards
Bart
Any chance to translate this indicator into lua?
Short overview: I have found it that it is very useful when changed into higher time frame and has got a wide range of price options. It changes colour with 'trend change', but to be honest only if used in higher time frame, on current time frame it may be inaccurate - sideways market may throw it off balance. Though tweaking settings might improve it. Regardless of that on current time frame is better when used with other indicators (slower momentum?).
Kind regards
Bart