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Wpkenpachi
Nov 1, 2023 10:50 PM

WP_MM 

Bovespa Index-Mini FuturesB3

Description

This indicator is set with 3 EMA's:
  • - EMA9
  • - EMA20
  • - EMA50


When EMA9 is up to EMA20 and:
  • - the distance between them is up to 30 ticks
  • - both is directional ( diff between current ema and last ema is up to 15 ticks )

the range will be painted in green. And if the EMA 9 is below EMA20 and
the same rules above is true, rthe range will be painted in red

Strengh Candle:
  • - Candle without huge shadow
  • - If is bearish minium down shadow
  • - if is bullish minimum up shadow


OBS: More info inside code comments

Release Notes

Release Notes

  • - Not considering high and low to 100% of candle size.
  • - Considering 100% of size from open and close (candle body)
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