Big changes in prices (dips) can be opportunity for entering trend reversal trades. Dip histogram shows these big price movements. User can define minimal movement in %, as well as timeframe which will be used for calculation of price movement.
Dip histogram input settings:
- Dip period – timeframe which will be used for price change calculation
- Price to compare – price type to compare
- Indication method – percent (alert when price movent is > min. dip in %) / Dip MA (alert when price movement is > dip moving average)
- Min. dip in % – minimal value of price movement for alert
- Dip histogram MA period – period of Dip histogram moving average
- Bars limit – bars limit for drawing indicator objects
- Use alerts – turn on/off popup alert
- Use push notifications – turn on/off push notifications
- Use email notifications – turn on/off email notifications
- Show dip MA – turn on/off histogram moving
- Show info text – turn on/off info text
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