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GENERAL OVERVIEW
This indicator detects Dip and Rip patterns by quickly highlighting them on the chart.
These patterns have become popular during the pandemic period mainly in the stock, ETF and cryptocurrency markets on which traders use two interesting strategies:
Buy The Dip
Sell The Rip
Before going into the merits of this technical indicator,...
Japanese below / 日本語説明は下記
This indicator automatically draws half price lines based on the logic below.
Today’s half price: Half price between today’s high and low
Yesterday’s half price: Half price between yesterday’s high and low
Half price as hidden support and resistance
As a characteristic of market, price sometimes tests previous day’s half price...