Bigger TF OHLC Levels Trade Indicator
Bigger TF OHLC Levels Trade Indicator - is a tool that displays on the chart Open, High, Low, Close levels from other timeframes, with the ability to set the amount of history displayed.
The original Bigger TF OHLC indicator had some bugs and was successfully eliminated by Tankk` famous on the traders` forum forexsystemsru.com the author of many profitable indicators.
The Bigger TF OHLC has two modes of operation:
- Previous mode - refers to calculations, not to the drawing of levels. The levels are calculated only from the previous timeframes, which are already closed, so the indicator does not redraw them;
- Current mode - while the older timeframe is not closed, the levels of the current higher timeframe may rebuild, if the HLC prices change. Accordingly, the levels of the previous older timeframe are not reconstructed.
Bigger TF OHLC Levels Trade Indicator will be useful for traders who trade from levels, as well as for analyzing and predicting the situation on the currency market.