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.