Indicator that divide screen to 6 equal parts, it is used in some systems as additional filter (Nanningbob system most known).

The rules are – not to trade inside green-white-green lines, this is take profit area. Open sell trades only above green line, or strong sell trades above yellow line. Open buy trades only below green line, or strong buy trades below yellow lines.

Indicator parameters:
BarCount – number of barst to count tha areas to devide. Default 120 (using 4Hours charts it will be one month).

Download SIXTHS indicator

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