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Showing results for tags 'gradientcolor'.
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Hi, An idea for a good RS patterns "scanner". If we could create an indicator that will show the gradient of the MA as a % it will be very helpful to see power trends or bases. If the gradient of the MA is near to 0% then we know that the stock is creating a base. If the gradient is near to 90% then is a super power trend. Negative gradient will indicate down trend. Any idea how to do it? Thanks
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This is a very interesting Paint bar study made by TS.... it will plot yellow bars on more volume related to bar range and red to smaller volume relative to range... orange is a midle point... I use it on a 2 min chart and it reveals very nice setups... specially vsa retest type setups, will make another thread on that.... enjoy cheers Walter. VOLUME GRADIENT.ELD
