I've found this wonderful afl when I was searching over the internet.......I've been using this for backtesting in live market and I could not understand one indication in the chart.......I've posted the screenshot of it marking indicator in red which I could not understand..........
I've checked in the live market, this indication does not showup as soon as the candle candle is completed but it forms after 3 or 5 candles when the price make a substancial up move or down move from that candle.
It would be very helpful if someone could help me with this.......
I've checked in the live market, this indication does not showup as soon as the candle candle is completed but it forms after 3 or 5 candles when the price make a substancial up move or down move from that candle.
It would be very helpful if someone could help me with this.......