three line break

Tutorial - Three Line Break within a Custom QuotePage Column

tlbCustColType

Now, let's create a Custom Column that builds off the TLB_REV Custom Indicator that we've already created, and then add this custom column to a quotepage.

First, go to "Setup Prefs: Custom Columns" and let's build our custom column. Starting with the "Type" tab, choose "Custom Indicator" as your Custom Column Type, and then choose the Custom Indicator "TLB_REV" from the list of Custom Indicators below. Choose the periodicity on which you would like your indicator evaluated. I'll use a periodicity of 3-minutes for this example. The window should now look like this...

Tutorial - Three Line Break with a Custom Indicator

tlbRevCI

Now, let's create a custom indicator involving the TLB token. To create a custom indicator, go to "Setup: Custom Indicator", and setup the indicator based on the settings below.

Then save the custom indicator with a name like "TLB_REV" (for Three Line Break Reversal indicator).

In this custom indicator, we have set the TLB token up to use the data element "Rising?". As mentioned on the previous page, this token results numerically in a value of 1 when rising, and 0 when falling. Based on this, let's take a closer look at the syntax of our custom indicator...

Three Line Break Oscillator

The Three Line Break Oscillator (TLBOSC) was designed to give Three Line Break users an indicator on traditional charts that clearly shows all relevant TLB information (reversal price, current price, extreme price, etc.) in a flexible and vertically condensed fashion. The indicator oscillates about the zero line. Crossing above the zero line represents a positive TLB reversal (buy signal), and crossing below the zero line represents a negative reversal.