There is only one numeric sensitivity input, and when at a higher value, the algorithm is more sensitive to reversal which affects both the moves and the triangle size. The rest of the inputs are on/off settings, and there are many ways to modify the look of this indicator on your charts.
Why is this algorithm and script a great tool?
- It works on ANY symbol – This indicator works on any chart that makes highs and lows thru time.
- It works on ANY timeframe or bar resolution
- It works on ANY bar or candle type
- It works dynamically to analyze chart behavior, draws SOLID conclusions based on price action
- It plots ‘ahead of price’ – making it more of a leading indicator than a lagging indicator
Works really well in concert with the B3 Trend-Range bar painting indicator.
INFORMATION ON PERMANENT ACCESS PROVIDED BY SCRIPTaCHART.COM BELOW:
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact HammondB3 for more information, or follow the author's instructions below.
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https://sowl.co/bowih6 << Access by clicking link to pay the minimum fee; tip by typing & raising the price of the fee. Access will be granted to your username within a few hours. (SECURE - MOST PAYMENT TYPES ACCEPTED) Access to this script is permanent.
Warning: please read before requesting access.