All base objects have a system column named CONSOLIDATION_IND. . The following table describes the consolidation indicator values: Indicates that the record is consolidated, determined to be unique, and represents the best version of the truth. Indicates that the record might have gone through the match process and is ready for a merge.
What is MT4 consolidation box indicator?
This particular MT4 consolidation box indicator can help you find when the price has moved into a consolidation or range phase. It will also help you create trading strategies around these consolidation boxes. One handy feature of this indicator is that the boxes are recreated to show you time frame specific consolidation as you change time frames.
What is consolidation & how do I use it?
Don't miss out on potential profits - learn how to use consolidation today with Kotak Securities. Consolidation is a phase when a stock or an index trades within a range. The trend is said to be sideways and may vary depending on the circumstance.
How do you know if a stock is under consolidation?
An important step in trading consolidation patterns involves assessing how long the pattern has held. Trading on narrowly consolidated stocks can happen but there is often less room for profit due to the small range. You can identify a stock that is under consolidation by watching for three simultaneously occurring properties on a price chart.