This indicator is made of two components, the Fibonacci Stream Line and a doubly smoothed exponential time independent average of the stream. When the Stream Average Line is above the Fibonacci Stream Line we are in a bull market , if below we are in a bear market .Pattern Recognition bars are created in real time and help identify market direction.It is a remarkable trading tool. The indicators are fully time frame independent.
Code is available in Trade Station's Easy Language , Ninja Trader's C# , Java , and Python.
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