#12 - Above - Below Current Bar's Open

Chart -

CycleTrader ABove Below Open Indicator

Discription -

The open over every new bar tells a new story. Above the open, then long, below the short.

Don’t you wish it was this easy?  Well, it is!

We sometimes wait x percentage life left in the bar to take action in one way or the other.Normally 50% of the bar’s life is fine.

You will also start to see a pattern you would not otherwise see very well of just how many bar’s in a row the market does trade above or below it’s opener.

Inputs -

About the inputs -

Choose from 3 different chart time frames.
 
2. Tells indicator how many ticks above or below the open to activate.
 
3. Max ticks is an option to not try to enter if X max ticks above or below the current OPEN.

Video -

More information -

Coming

CycleTrader ABove Below Open Indicator
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