Braid Filter

Braid Filter

This oscillator determines the trend based on the maximum and minimum values between 3 different moving averages of chosen type. The distance between that 2 MA must be superior to 40% of the value of ATR (Average True Range) to confirm the trend by coloring the histogram into green for bullish and red for bearish. If histogram is gray, then no trend is identified.

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  1. GustavoLoboOrenstein • 340 days ago #

    Is it possible to add histogram with only increasing bars?

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