The Daily Extremes Indicator simply displays the previous day’s highs and Lows (Chart extremes are defined as maximal / minimum price of either observed vertical axis or visible high/low on chart.).
The following parameters are available in this app:
Show Mode: Select Today to only use the most recent days prices to calculate extremes. Select Historical to instead use all bars displayed on the current chart.
Display Type: Select Channel to connect the extreme bars with a solid line. Select Lines only to keep the extreme bars as separate lines.
Other options for Color, Style, Width and Labels are also included.
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.
This Indicator is only compatible with FXCM Trading Station Desktop software. Additionally, an FXCM account is required (including free FXCM demo accounts).
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