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X Bar Clear Close Trend indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=68283
Forum: 48 · Topic 68283 · 1 post(s)
X Bar Clear Close Trend indicator
Alexander.Gettinger · Sat Mar 30, 2019 4:43 pm
To define the trend reversal, the indicator does not use any Moving Averages, or parameters connected with the distance passed by the price. The only criteria is the breakthrough of maximums / minimums of the previous bars.
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