The indicator tracks the smallest movements of price action. It can monitor and analyze market context, attempting to identify trends within each time frame.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
If a candle has its entire body above the previous swing high, it indicates a strong upward momentum. The market is leaning towards an upward direction. If the candle remains within the range of the previous swing high, it signifies weak upward momentum. The market is reluctant to move higher.
If a candle has its entire body below the previous swing low, it reflects a strong downward momentum. The market is leaning towards a downward direction. If the candle remains within the range of the previous swing low, it indicates weak downward momentum. The market is reluctant to move lower.
เอกสารเผยแพร่:
Update
เอกสารเผยแพร่:
Update setting
เอกสารเผยแพร่:
Introduce the "sweep" signal into the wave structure. In a downtrend, after the price has risen and a candle closes with a higher body than the previous one, forming a temporary bottom, and then the price continues to decrease but only the candle's wick breaks below the low, followed by an increase in price and candles with bodies breaking above the high of the downtrend, this creates a bottom sweep. In an uptrend, the opposite applies.
เอกสารเผยแพร่:
Bug fixes
เอกสารเผยแพร่:
Add the "imbalance zone," which is depicted as a blue box.
เอกสารเผยแพร่:
Fixed bugs and added color options for Imbalance
เอกสารเผยแพร่:
Add notification function when the candle closes price forms a High, Low or when the candle's wick crosses the High or Low
เอกสารเผยแพร่:
Add a red line to indicate it is a CHOCH signal and notify the CHOCH signal
เอกสารเผยแพร่:
Add the Orders block shown by the green box
เอกสารเผยแพร่:
Updated top and bottom creation rules
เอกสารเผยแพร่:
Fixed code error in determining bos points
เอกสารเผยแพร่:
Fixed error in determining top and bottom creation positions
เอกสารเผยแพร่:
Fix error in determining top and bottom
เอกสารเผยแพร่:
Update CHoCH points (Change of Character)
เอกสารเผยแพร่:
Fix the error of getting CHOCH position when there is a sweep
เอกสารเผยแพร่:
Fix bug
เอกสารเผยแพร่:
Update BOS position when candle wick breaks through