This is the indicator I named 4LBS. That means four layers of bollinger shadow.
This is an indicator that I made to see how far past prices could affect the future prices.
And I found some very interesting and beautiful things about it, and I wanted to share them with you, so I publish this...
This script is a companion to my rabbit strategies (Wildrabbit, Jackrabbit, Crankenrabbit).
The purpose of this study is to analyze and cross check the validity of my rabbit strategies. This script will work with any trading program that can use alerts.
Explaination of colors/arrows.
All arrows under the candlesticks, pointing up, are buy signals. All arrows...