This chart shows an example of the Equi-Indicator with width based on Volume. Note, that in this example, the actual price bars of the chart have been set to Invisible. Although this is the most common use, the Equi-Indicator can do the same for any indicator listed in its preferences window.
The Equi-Indicator creates price bars with a width based on the Indicator specified in the preferences. The most common use of the Equi-Indicator is to create bars with their width dectated by the amount of Volume in the bar. Although this is the most common use, the Equi-Indicator can do the same for any indicator listed in its preferences window.