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i-OneThird

by Dr.Hamdi Boukamcha
Name:
i-OneThird
Author: RickD (2007.05.29 17:56)
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i-OneThird   i-OneThird.mq4 (2.7 Kb) View
The difference between the high and low of a candle divides into three parts each one corresponding 1/3 of the candle. The indicator calculates where the candle opened and where it closed. It is recommended to hide the initial chart by setting the following parameters: option “Chart on foreground” unchecked (menu “Charts”-> “Properties” or press F8, tab “Common”).

Bullish Pattern:
1-1
2-1
3-1

Bearish Pattern:
1-3
2-3
3-3

i-OneThird

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