I received a question regarding how the bars are painted. The 2 main paint bar indicators used are the Better Volume and RPM. My Squat bar indicator also identifies a squat bar with a diamond and paints the bar blue.
Here are a couple of charts showing how the price bars are painted by these indicators and how other indicators are used to identify certain price action instances (e.g, engulfing, delta imbalance).
I am an elite member of Big Mike Trading (BMT) forum and these indicators are available for free down load to all other Elite members. However, the cost of membership is $100. But this is a one off cost. In my opinion, this is the best $100 you can spend if you are serious of trading for a living. There is so much more than free indicators, there is also the great webinars with renowned trading educators and much more.
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