It's just a very simply version. Color even not very correct. I didn't write the price expand or other condition. It's welcome if other guys want to write a full version. If this kind chart is not from western. Then I think it's qianlong platform's indicator. (QianLong means Money Dragon) If you know the origin of tower line pelease comment to tell me. :3
U1 & D1 is for 2 bar break. main stick is always drwan by close & close If price is not u1 && d1 We use these rule. If price after u1 then stop to break we still color it blue but make it flat top. draw close & close If price after d1 and stopped break we color it orange. But the important thing is the color fill thing. We need to adjust the color and fill...
Previous I'v already writed something about it. I'v updated the detail in comment. In case you guys might not read it. I'm writing this new article Draw rule 2bar's range break U1=close>=close and close>=close ? 1 : 0 D1=close<=close and close<=close ? 1 : 0 Draw them with the color you like. U1->D1 or d1->u1 1st break. Fill the lower gap under the break to...
It's something about two close price reverse. It draw within bar. Rule is within previous bar but higher than previous second bar.(In upmove) Or within previous bar but lower than second previous bar.(In downtrend) The within move is all flat. All within bar's price is same when price first stop move. Chart looks like this. The interesting thing is that when...