6960+ Pips Profit!

We've got in a year 2017
Free FOREX Signals
 

Forex Broker AVA Trade

Relaible partner for Traders.
Start trading now!

 

Forex Brokers Rating

Only best Brokers on our website
with honest Rank!

FOREX Advertising

On LiNSTR.com

Forex Indicator “LarryWilliams_MinMax”

This is an indicator of short-, medium- and long-term extremes.

Short-term extremes are recorded on the ledges if:

  • The maximum of the ledge is greater or equal to the left top and greater than the right top.
  • When IgnoreInsideBars = true: nearby ledges can’t be internal. If they are internal all the same, consider the ledges that are following them. When IgnoreInsideBars = false: the inner ledges are considered common and are involved in the formation of extremes.

Medium-term extremes are recorded on the ledges if:

  • There is a short-term maximum on this ledge.
  • The nearest short-term extremes on the left and on the right are below the top of the ledge.

Long-term extremes are recorded on the ledges if:

  • There is a mid-term maximum on this ledge.
  • The nearest mid-term extremes on the left and on the right are below the top of the ledge.

There should be a mirror situation for minimums.

The indicator only works on the formed ledges.

 

Trading spot currencies involves substantial risk and there is always the potential for loss. Your trading results may vary. 

 

Fell free to contact us with 
admin@linstr.com

FOREX Advertising

 

 
© 2009-2016
LiNSTR.com