The point of the Clear Method indicator is to transform the accumulated history data.
Clear Method provides an opportunity to detect various peculiarities and patterns in price dynamics, which are invisible to the naked eye. Based on this information, traders can take on further price movement and adjust their strategy accordingly.
The indicator view in the chart:
The indicator has the following parameters:
Panel - selection of the indicator location in the chart:
- New panel
Show value - display of the indicator value on the price scale on the left.
Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.
Color - color setting of the indicator.
Visual type - visual setting of the indicator display in the chart:
- Up arrow
- Down arrow
- Axis label
Line style - setting of the line display style:
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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