This indicator allows traders to easily identify any bar that is bigger than their selected pip value. Users can also utilize a dynamic big bar recognition logic based upon an Average True Range (ATR) multiplier.
These big bars are easily distinguishable from other bars for further analysis and review. Quick recognition of new bars that are exceeding lengths bigger than normal give a heads up for increased volatility and can signal major price movements. Equally as important, the ability to review historical big bars allows users a unique vantage point in identifying and analyzing these areas of interest.
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results.
There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
An FXCM account is required (including free FXCM demo accounts).
Forex Capital Markets, LLC. (“FXCM LLC”) is an independent legal entity and is not affiliated with FXEngineer. FXEngineer is not owned, controlled, or operated by FXCM LLC and FXEngineer is not an employee, agent or partner of FXCM LLC.
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