Custom Range indicator V1
Custom Range indicator V1 :
It calculates the average size of the rising candles and the average size of the falling candles and writes a statistic on the chart with these values, this method is used to calculate the strength of sellers and buyers. True.
The advantage of the indicator is the possibility of determining the period for which you want to calculate the rising and falling candles by drawing two vertical lines for the beginning and end of the field of falling and rising candles. When changing the range of these lines, the indicator recalculates the values based on new data..
Advantages :
- Clear display of indicator data and values on the chart.
Advantages :
- Clear display of indicator data and values on the chart.
- Easily control the scope of calculations of the index.
Indicator images :
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