![]() Once the C or T Rema plot cross their respective midlines the indicator records the highest value and checks them against the outer or inner line offset value (as set by the user). When enabled (disabled by default), the rules for contraction are as follows: The OB and OS can be optionally and independently set to contract. However, because the OB/OS channel lines exactly match the C and T Rema plots they may be hidden until those plots pull back.Ĥ. This results in the plot lines being a curve rather than being step-wise. Version and release date included in the indicators parameters sectionģ.Ĝhanged the C-Rema and T-Rema OB and OS plots so that when they expand the new values are recorded immediately rather than waiting for a pull back. Reorganized the indicators parameters sectionĢ. This version includes the previous bug fix and has several enhancements (some of which might have slipped into the previous fix release) as described below:ġ. Please do not report any problems in the remarks section but PM me instead. Default colors assume a dark chart background, the indicator’s background color option is not enabled Background color: A background color for the indicator region can be independently set. Although not the intended use in this indicator it may be possible to use these the same way as the Trigger lines by as they are of the same type, however no visual or external signals are provided.Ĩ. These MAs are based on the current bar values. The Fast Ma is a LinReg and the Slow is an EMA. Moving Average coloring: The MAs can be turned off, or independently colored according to locations (Above, Below, In Neutral zone). The default uses the lightest bar colors for the up direction and the darker ones for the down direction, regardless of bar location.ħ. Bar Coloring: There are 4 bar coloring options (1) Above Up and Down, and (2) Below Up and Down. Altering the MA periods or chart settings may help. While the hiding and un-hiding works well with non-time-based bars it is possible that volatile price movements (when using low value time-based bars) might cause unnecessary hiding and un-hiding. The hiding and un-hiding is controlled by the MA lines. Zone Display Options: This option controls if the both the active and inactive zones (the area of the current bar) is displayed or only the active zone (hiding and un-hiding). None: – technically not a template, this option turns off zone coloring. 4.4.Ě_Sets_B – the Above Zone settings are replicated to the Below Zones. Replicate_AIA2_and_B1B2 – uses the color and opacity of the A1and A2 Zones and replicates to the other Above zones and likewise for the B1 and B2. The zone display in the screen shot uses this method. The same process is used for the Below zones. The A1 & A2 opacity values are used to set the other Above Zone opacity on an alternating basis. Replicate_A1_and_B1 – sets all of the Above zone colors to the A1 color and all the Below zone colors to theī1 color. Zone coloring options: Several templates are provided to assist in creating the zones 4.1.ĚsSpecified – uses the colors and opacity setting specified for each zone. Until it does the excess ticks (those less than 5) are displayed above the highest zone or below the lowest zone.Ĥ. The zones are only expanded and that occurs when the price moves 5 ticks. Zone Creation: The zones are created when the price moves 5 (the number of zones) * the zone tick size (default 3) but only after the neutral zone is created for the current direction. It acts as a visual buffer for direction change and is used in the hiding and un-hiding of zones.ģ. Opening Price Neutral Zone: This zone is a specified number of ticks above and below the opening price and is the base value for the Above and Below Zones. If the setting “Load data based on” is set to anything other than “Days” FromFirstBar is forced.Ģ. Choosing the market open (Daily_MO) will cause a reset at every market open whereas the first bar option (FromFirstBar) is continuous. It can either be the close price of the first bar at each market open or the close price of only the first bar. Opening Price: The way opening price is determined is a user option. Informational messages can be displayedġ. Zone coloring and opacity is controlled by the userĨ. The current bar color represents up and down bars and above or below the opening price.ħ. In the only active zone display option, the hiding and un-hiding is controlled by when two MAs cross the neutral zones.Ħ. The price movement is spread across 5 zones Above and Below (as required) with each zone representing 20% of the move.ĥ.Ğither the inactive and active zones or only the active zones can be displayed. ![]() The opening price neutral zone is determined by the user.Ĥ. The opening price is determined either from opening bar at market open or from the first day.ģ. This indicator displays how much the Highest, Lowest, and Current price has moved from an opening value as follows:Ģ.
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