A general-purpose indicator that shows colored lines using adjusted cost periods specified in that the input . It offers universal, constant and familiar cost ranges that allow you to quickly and correctly assess the prices of a currency pair.
- simple to use
- Does not require optimization
- Customizable price ranges, colors, and dimensions
With the default parameters, the indicator may be used for trading based toquarterly of concept:
- strong red lines – integers
- Solid black lines are the quarterly values
- Dashed black lines – midpoints
- The dotted blue lines are regions of doubt
However, the interval parameters can be freely adjusted, which allows the indicator to be used for various purposes.
- Full number interval – the interval in pips for lines of integers
- Quadrant points interval – the interval in pips for the lines of quarterly numbers
- Mid points interval – the interval in pips for the lines of average numbers
- Indecision points interval – the interval in pips for the uncertainty points
- Full number color – the color of the lines of integers
- Quadrant points color – color of the lines of quarterly numbers
- Mid points color – the color of the lines of the average numbers
- Indecision points color – the color of the uncertainty points
- Color Settings-customize the color of each type of price line
- Line Settings-setting the line size of each type of price line
- Manual Pip Value – if necessary, you can override the default pip values for plotting lines on the chart
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Arturo Lopez Perez, private equity investor, stock speculator, programmer, and founder of Point Zero Trading Solutions.
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