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Chakku

CHK FOLLOW THE STAIRS

Chakku  
Trend Analysis Moving Averages HTF highlow Channels
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trendanalysis movingaverage htf highlow channelstudies
CHK FOLLOW THE STAIRS....

  • The stairs are nothing but HIGH LOW CHANNEL at HTF or LTF
    I observed 10 Period Moving Average an optimum length for the Staircase
    you can change it to 8 or 13, one will generate noise, other will generate lag
    Tinker with the Staircase Time Frame to get an optimum fit
    The script also shows Strength of the Trend.
    If there is a gap between the price and the stairs, that is relection of the strength
    The script can also be used for scalping.
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