Vidya zone
Vidya zone
Vidya zone indicator using 3 prices for calculation: high, low, and median.
But, if the regular Vidya was used then the zone would have errors due to different momentum for different prices at the same bars. To solve that this version introduces a modified Vidya calculation that prevents that error and the Vidya zone is error-free and produces logical results.
The zone is mainly intended to use in a breakout mode (ie: when the price is within the zone, that would be a no trading, or a warning zone, once when the price breaks out, consider entering the trades).