Squat bar (Squat bar).
One of the elements of the system of “Trading chaos” by bill Williams.
It is calculated based on the
difference in the price change and the tick volume.
Amplifies the signal of the “Bearish / Bullish Divergent Reversal Bar (First Sage)” if it
coincides with it or is close to it.
Tested in comparison with the original program “Investor’s Dream”.
For more
effective development of the system, read and see the materials of Bill Williams.
In the settings, you can choose the color of the bar.