Abandoned Bar Study Indicator ThinkorSwim TOS Script

Abandoned Bar Study Indicator ThinkorSwim TOS Script

The Abandoned Bar Study is a must have tool for investors and traders who like to buy the dip or short unusual price gains in stocks. This indicator works as a powerful statistical tool and shows the user the percentage of “Abandoned Bars” for any stock, ETF index fund, Forex currency pair, or futures contract. The information provided to you by this study will tell you when “buying the dip” This is a great idea. It takes into account historical data, regardless of the time frame.

Trading a Reversion to the Mean can be a very profitable strategy, as we all know. Using Market Prowler’s Abandoned Bar This study will allow you to see important statistics data about the percentage abandoned bars in your current price charts, regardless of what ticker symbol is being used or the trading timeframe. This is the The indicator will search for abandoned bars – those who’s median price was not met within the next N bars (N is a user defined variable), and it paints these bars with an easy to view triangle. The Abandoned Bar The median price of the three abandoned bars will be displayed in the study. This will allow you to shorten or buy a stock that has a well-defined target price. It is able to be used for swing trading, day trading, and long-term investment points.

Get it now Abandoned Bar Study Indicator ThinkorSwim TOS Script

Useful for Futures,Forex Currency Pairs and Stocks

Uses the ThinkOrSwim trading platform

This indicator will ensure that you are never on the wrong side again of a trade.