Tutorial 16

The 'Intensity' indicator

This tutorial will cover how to use the 'Intensity' indicator inside 'Template' v11.

 

 

 

'Intensity' used to be a separate indicator. It is now incorporated into the latest version of the 'Template'.

Add 'Intensity' to your chart by accessing the 'Template' settings.

1. Check the box 'Intensity Background'. The entire background colour of the chart depicts the intensity of the trend.
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2. In 'Paint Bar', select 'Intensity'. The Bars/Candles change colour accordingly to the intensity of the trend.

'Intensity' is composed of 28 indicators. If more than 14 out of 28 indicators are going up, then the background colour is painted in blue. Vice versa, if more than 14 are red, red it becomes. More indicators agree, more intense the colour becomes. Always the same user-friendly protocol.

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