Another good job - can you comment on how you integrate the past few scripts you have shared with us?
IvanLabrie
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Open levels give an indication of momentum, when pitting current price vs open. If above, momentum's bullish.
That's how I read it. If crossed below after being above by a big margin, then the whole advance was wiped out by the sellers and momentum's bearish.
cooney_s
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I think you may have a copy of my playbook.
IvanLabrie
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?
RicardoSantos
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@Coondawg71 i suppose this usage is similar to the hl2 median technique, yea... but inverted? :P
@Alphaoptions i dont have a usage method at the moment usually i just code what looks natural for the indicator i thought for a specific purpose (written on the topic description or comments) then correct any errors from there. :)
IvanLabrie
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It's a 50% retrace from open to extreme. I use that for entries. Learned from Tim West.
cooney_s
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It was a joke. I love using medians. Thanks for all the cool indicators you have been putting out for us. For the simpletons like me, I agree with Alphaoptions, we may need a tutorial on what your intended concept may be with them so we can get the full potential. Thank you!