This indicator looks for cracks (de-correlation of 2 indicators), what you have to do is simple, first look at the trend in a higher frame, there are many indicators for this, then look for cracks as wide as possible (you can configure the size in the configuration) and that they are not close to important supports / resistances. This indicator can be very useful for Swing, Coverages, to increase existing positions.The confirmation of the crack occurs when the black lines cross + bar closure.
@Isle-of-Tradejitzu, I find after two weeks it does, but is still pretty accurate.
CodyMaki
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soo good dude thank you
AmirHokage
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Hello! Thank you for your work.
I have a question: are there specific settings for different timeframes? Since I noticed that the standard settings work better only on 1 hour timeframe.
Thank you in advance!
Gordo_GG
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hey so i dont really understand how i would use this could you clarify for me
just_naba
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great done
Carl2021111
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Good work, is this only for euro/usd?
Dreadblitz
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@CarlORourke, hi,you can use it for any instrument, regards
nlmoser
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would this work for smaller time frames such as 5 and 15min?