Shifted


There is a school of thought that
today's price action is just a continuation of yesterday's.

...and that if you shift today's price bars so that today's opening price matches
with yesterday's close, you will see a continuation of yesterday's price action.

This indicator does just that:
it will shift today's price bars by the open/close difference.

Note: this chart is for price action reference only.
Please don't trade with this chart or you might get a very disappointing fill.
It is recommended that you cover up the price scale when you read this chart.

[aaa]

It's a really impressive idea

I luv this indicator so much

I use it every morning

It changed my life !!

ThanX (again) CapiTams.

[aaa]

Here is a nice piece of code called "Gapless Addin" applied to indicators working in the same way that the Shifted price

http://www.traderslaboratory.com/for...eeze-6161.html

[aaa]

In my view It should be more interesting to shift the Moving Averages WITH the price

And trade on the "virtual" shifted untill the market opens

The long MA 150 disturbs too much the graph during 500 bars

THE MACD signals are lates on the gapless one during a few bars

and then sticks the real one after 60 bars (Histo)

Your experience are welcomed