|Very simple indicator PLdot. It’s been even optimized.
it’s ploting typical price of last tree bars – kinda pivot – can be used same as floating pivot or MA dot
((High[i+1] + Low[i+1]+Close[i+1])/3) +
11.06.2008 05:27 fxxx
Can you explain how it works? I don’t understand what is going on here and how is it useful?