When making trading decisions, it is useful to rely not only on historical data, but also on the current market situation. In order to,
to make it easier to track current trends in the market movement, you can use the indicator «
to make it easier to track current trends in the market movement, you can use the indicator «
AIS Current Price Filter».
This indicator takes into account only the strongest price changes in one direction or another. Thanks to this, you can predict
short-term trends in the near future – no matter how the current market situation develops, sooner or later the current price
crosses the line of this indicator. The most interesting, from the point of view of the trader, are situations when the price has moved away from the level
the indicator is as far away as possible. These moments may be the most optimal for opening new trading positions.
short-term trends in the near future – no matter how the current market situation develops, sooner or later the current price
crosses the line of this indicator. The most interesting, from the point of view of the trader, are situations when the price has moved away from the level
the indicator is as far away as possible. These moments may be the most optimal for opening new trading positions.
The operation of the indicator does not depend on the selected timeframe, and is configured using two parameters.
- FS is a parameter that can be used to set the sensitivity threshold. The bigger it is, the stronger it is
there must be a price movement in order for it to be taken into account in the indicator readings. Its valid value is between 0-255. If
if zero is selected, the sensitivity threshold will be equal to the current spread. - LB-sets the depth of the background that is used in the calculation of the indicator. Acceptable value
this parameter also lies in the range 0-255. If it is zero, then all historical data with the control is taken into account
self-study. And if this parameter is equal to one, the indicator will only mark the price deviations specified by
by the parameterFS.
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- FS is a parameter that can be used to set the sensitivity threshold. The bigger it is, the stronger it is
there must be a price movement in order for it to be taken into account in the indicator readings. Its valid value is between 0-255. If
if zero is selected, the sensitivity threshold will be equal to the current spread. - LB-sets the depth of the background that is used in the calculation of the indicator. Acceptable value
this parameter also lies in the range 0-255. If it is zero, then all historical data with the control is taken into account
self-study. And if this parameter is equal to one, the indicator will only mark the price deviations specified by
by the parameterFS.
The other parameters allow you to configure the display of the indicator on the chart.
- Width-sets the thickness of the single line of the indicator.
- Color – the color of the indicator line.
- Style – the display style of the indicator.
- Width-sets the thickness of the single line of the indicator.
- Color – the color of the indicator line.
- Style – the display style of the indicator.
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