EN:
Close Open Estimation ( aka COE ) is a very simple swing-trading indicator based on even simpler idea. This indicator is from my educational series, which means that I just want to share with another way to look at the market in order to broaden your knowledge .
Idea :
Let's take n previous bars and make a sum a of close - open -values of each bar....
![GBPUSD: [EDU] Close Open Estimation Signals (COE Signals)](https://s3.tradingview.com/w/WjKPyA19_mid.png "[EDU] Close Open Estimation Signals (COE Signals)")
