XO indicator

v10.3
XO indicator

The “XO” indicator is counting the price movement calculated by box sizes of 2 different sizes.

The histogram of the indicator display a count of how many boxes of “BoxSize1” the price has moved, while the lines display the price movement of “BoxSize2”. It is almost similar to count how many renko bricks has been created upside or downside.

So you have a view of a “long term” trend and the short one in the same indicator.

Indicator converted from a request in the English indicator forum.

 

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

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Marc Boliart Hi! i do not know why _v.1.1"] was on 1st line, remember to remove it!
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roccafragius Thank you so much!!!!!! :):)
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roccafragius Thank you so much, for my point of view very useful!!!
NicoGB67 Excelente trabajo!!
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Suffi Hier eine kleine Korrektur: //-----Inputs-----------------------------------------// MALengt...

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