Elixe » Fri May 23, 2014 4:56 pm wrote:Hi there,
Here you go with the DWM OpenBar,
Boxes have 2 modes : full or split, full will change color depending on bid position, split will just split the boxes at their respectives open
you can have different colors for each bar and change their size.
Let me know if there's any bloops, i really made this quickly so...
OK this looks cool. I take it where the green and red meet is where the open is. So you dont need the indi on the screen also. That was a good idea. First column is daily, 2nd is weekly and third is monthly. I like it. The only addition I can think of is a true/false. I am using he daily pivot on my charts and the daily open would be redundant for me. Having a T/F to turn each one off would be useful.
So the monthly bar shows we are in a monthly DT but if price goes above the weekly or daily those would be CT trades. If you play to trade back into the red areas those would be selling back into the monthly DT. Interesting.
I also marked with white lines where the monthly open and 240 were lined up. Will see how that holds up. I also marked trading back into the trend with 7.2 looked also. Ugly month with not much movement except a couple of spots but that was how May played out.
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