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3 Bars High Low - Spot trends, reversals, and breakout zones with precision using 3 Bars High Low.
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3 Bars High Low - Spot trends, reversals, and breakout zones with precision using 3 Bars High Low.
The 3 Bars High Low Indicator for MetaTrader 4 (MT4) evaluates the sequence of the last three consecutive candlesticks’ highs and lows to determine the market condition (bullish, bearish, or ranging). It displays a dynamic line on the price chart using the Average True Range (ATR) and Commodity Channel Index (CCI) indicators. The line turns LIME when the indicator detects an uptrend and turns Orange RED in a downtrend.
Furthermore, the dots are the fractal zones for potential trend reversal...
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