MOUNTAINS:It is an indicator that detects market consolidations prior to a movement.
The objective of this indicator is to indicate the areas before the market makes a move.
The areas that we are interested in detecting are the PLATEAU, which are between the slopes.
When the system detects a PLATEAU , the trader must place his operation in that area, waiting for the increase in volatility to reach its target.
The best option to carry out the operation of the PLATEAU is through coverage or grip.
The larger and flatter a PLATEAU is, the more likely it is that the plateau will be followed by a powerful movement.
You can download the demo and test it yourself.
Principal Input:
ZOOM: Factor for select the sensitivity of the detection of the PLATEAU.
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