Description
Identify Reversal Points in Trends
Powerful Indicator Catches Market Bottoms And Tops and Identifies Trends
BEFORE They Start! Easy to Trade - No Previous Knowledge Needed!
This one-of-a-kind indicator has a great aim: Catching market bottoms and tops. This may seem like a tough goal for an indicator, but the DYNAMIC RANGE INDICATOR™ achieves this goal with 95% accuracy!
It uses a mechanism to identify overbought and oversold periods in price and signals Buy or Sell.
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nobr3ga
Joined on 14.12.2011
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: Dynamic Range Indicator.algo
- Rating: 2.86
- Installs: 6289
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Comments
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AP
it does not display anything :(
Is there a bug in the formula?
You can add this statement to the beginning of the Calculate method:
if(index < LevelH) return;
to avoid an Argument Out Of Range Exception when the index is less than LevelH.
There is also some redundant code like:
int iSeriesCloseCnt = MarketSeries.Close.Count-1;
//...
if(index == iSeriesCloseCnt) // this is always true
I hate indicators like this ones which a) Don't do as mentioned b) totally freezes the trading platform.
Not worth the time.
This indicator isn't working with the latest cTrader software