On this video we explain several filtering techniques that we can apply to the OpenClose Setup.
To paint this Setup Signals we can use the Custom Indicators :
1) TIS_NBars_UpDown : Paint the Bar Color Changes
2) TIS_NHABars_UpDown : Paint the Bar Color Changes smoothed by Heiken Ashi
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RISK DISCLOSURE:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
See CFTC RULE 4.41 : https://goo.gl/n4YF2G