Price Action Trainer ( beta)
author Tams
word from author
This indicator helps the new traders to tune-in to the price bar formations
as the market unfolds.
It reads the Price Action at the micro level,
then prints the formation names on the screen.
Formations:
ib = Inside Bar
FTP = Flat Top Pennant
fbp = flat bottom pennant
ccc = congestion, convergence, centering
This indicator is in beta;
comments and suggestions are welcome.
You are invited to post your renditions as well.
The code should run in MultiCharts and TradeStation,
but I am not sure about OEC.
I have uploaded a PLA file for MultiCharts.
TradeStation users: if you don't know how to import the code into your software,
please spend 5 mins on your users manual to find out how.
Category MultiCharts
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