This indicator does not get the attention it deserves.
I would like to change the MTF version of this indicator to show each bar as it does on current timeframe. So rather than seeing 24 bars to represent the daily LPB while viewing the hourly chart; I would prefer to see 1 bar represent 1 day even while viewing the hourly chart. This way we will be able to digest several daily bars and weekly bars to see if price is balanced or trending.
Indicators/discussion can be found here or attached.
Thanks,
I would like to change the MTF version of this indicator to show each bar as it does on current timeframe. So rather than seeing 24 bars to represent the daily LPB while viewing the hourly chart; I would prefer to see 1 bar represent 1 day even while viewing the hourly chart. This way we will be able to digest several daily bars and weekly bars to see if price is balanced or trending.
Indicators/discussion can be found here or attached.
Thanks,
Attached Image
Attached File(s)
#MTF_LPB.mq4
4 KB
|
684 downloads
Linear Price Bar.mq4
3 KB
|
772 downloads
It really is that easy.