I love volatility contractions and expansions (a lot there to glean as a trader)😉.
But this indicator does not wait for the close of the candle before it gives the signal.
It will give the signal based on the candle open (which 99% of candles open inside the previous one).
Even when the candle closes and it is NOT a narrow range inside candle (NR4/ID) it will keep the candle painted with the square-shaped wing-ding.
Please help us traders out here as I cannot find this indicator in proper form.
Many thanks. 🙂
But this indicator does not wait for the close of the candle before it gives the signal.
It will give the signal based on the candle open (which 99% of candles open inside the previous one).
Even when the candle closes and it is NOT a narrow range inside candle (NR4/ID) it will keep the candle painted with the square-shaped wing-ding.
Please help us traders out here as I cannot find this indicator in proper form.
Many thanks. 🙂