THE COMMISSIONER AKA "Gold Brick Road"
This is THE COMMISSIONER indicator. He is only interested in the one single price of a bar/candlestick, and that is the one single price that had the most volume accumulated when that bar closed. There are a number of settings you can use to modify THE COMMISSIONER. You can smooth him with all the usual smoothing systems, and some you may never have heard of:
- Simple Moving Average
- Exponential Moving Average
- Hull Moving Average
- Weighted Moving Average
- DEMA Moving Average
- GAUSSIAN FILTER Moving Average
- SAVITZKY GOLAY FILTER Moving Average
- Linear Regression Moving Average
Of course you can set the Smoothing Period Length to what you want depending on your trading style. This indicator works on all types of markets and periodicities.
COUPLE OF THINGS
FIRST: SOMETIMES THE ANGLER WILL APPEAR AS ONE COLOR. THIS MEANS IT NEEDS RECALIBRATION. GO INTO THE INDICATORS PROPERTIES WINDOW, SELECT THE ANGLER, SCROLL DOWN TO ‘RECALIBRATE NOW’ AND CHECK THE BOX, THEN CLICK ‘OK’, INSTEAD OF ‘APPLY’.
SECOND: THE INDICATORS ARE SIMPLE IN LOOKS, BUT THEY ARE EXTENSIVE IN DATA PROCESSING. PLEASE GIVE THEM AMPLE TIME TO LOAD.
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