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There is an option under the category "Swing values" called "Show duration" to show the number of bars it takes to form the swing, but the actual time isn't shown. But this could relative easily implement. Maybe I'll add this option, when I make the next update.
Is it possible to show the swings/trend/colorOFbars by the number of points/pips/ticks (not by the number of bars - as it is now) ?
Is there a chance to add such a functionality in the future?
This will help to define the trend on the size of swings in pips depending on the volatility.
Hello Dorschden. Thanks for the explanation on the volume. As for the UTC vs. Standard, for some reason I get much more reliable results using the UTC, at least when applying the indi to Renko bars. That leads me to a suggestion. Could you modify the indi to include an option to choose to base swings either on the highs and lows or closes? The reason that I ask is that often I have noticed on either SbSRenko or BetterRenko charts that quite frequently there are double tops and bottoms that form based on the close. I have attached an image to show you what I mean. This is a 6 tick SbS renko chart of the TF. I have chosed ZigZagUTC and 2 bars for "calculation size". Notice that if an option were available based on the "close" one double top and three double bottoms would have been highlighted (see chartreuse lines). Thanks for your consideration.
Hello Dorschden, firstly thanks for the great work you've put into this. Clearly very appreciated by very many of us.
I've taken a look at the features and can not see if your indi has an option to visualise Highs or Lows that initially plot, but are then adjusted before fixing once the next leg starts it's search.
If not does anyone know of other indis that have such a feature. I've looked at several options but not yet found this.
Why am I asking? I want to back test my trend following system to identify false positive entry points. Happy to post up or PM anyone that can help out and is interested in the results.