The PLdot from the last three bars is plotted as a dot (or line) on the next bar to appear.
The formula for the PLdot is the average of the high, low and close of the last three bars.
PLdot = {Avg[H(1),L(1),C(1)]+Avg[H(2),L(2),C(2)]+Avg[H(3),L(3),C(3)]}/3
Thanks in advance for your help !
The formula for the PLdot is the average of the high, low and close of the last three bars.
PLdot = {Avg[H(1),L(1),C(1)]+Avg[H(2),L(2),C(2)]+Avg[H(3),L(3),C(3)]}/3
Thanks in advance for your help !
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