Daily Perspective indicator/ tool description.
Version 221.221
new version 22.12.2020.
Version 810.201
Whole range of visual concepts use several timeframes view.
Daily Perspective indicator/ tool uses visualization of last 3 daily candles for timeframes H1 and shorter.
The indicator projects previous days (yesterday and older) OCHL prices into current day (today).
The indicator has built-in ALARM signaling that price meet following criteria:
Trend represented by moving average EMA with chosen period on timeframes H1,H4,D1,W1,MN1 is in appropriate direction,
UPTREND for BUY
DOWNTREND for SELL,
Price is
ABOVE previous day HIGH for BUY
BELOW previous day LOW for SELL.
Usage:
Intraday trading on timeframes H1 and shorter.
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