Hi,
I am just wondering if there is any indicator that can actually
calculate the number of pips of either (uptrend or downtrend) candles in an X period of any timeframe.
This indicator will calculate only the number of uptrend candle or downtrend candle individually
e.g it may show something like...
Time frame: 30 mins (example)
Total number of pip movements by Red candle (downtrend) last 4 period = 50 pips
Total number of pip movements by Blue candle (uptrend) last 4 period = 70 pips
Next is
Calculate the range of pip movement in an X period of any timeframe
e.g
Time frame: 30 mins (example)
Number of pip movements from last 4 periods = 50 pips or - 35 pips
(close price of period 4 - close price of period 1)
I am just wondering if there is any indicator that can actually
calculate the number of pips of either (uptrend or downtrend) candles in an X period of any timeframe.
This indicator will calculate only the number of uptrend candle or downtrend candle individually
e.g it may show something like...
Time frame: 30 mins (example)
Total number of pip movements by Red candle (downtrend) last 4 period = 50 pips
Total number of pip movements by Blue candle (uptrend) last 4 period = 70 pips
Next is
Calculate the range of pip movement in an X period of any timeframe
e.g
Time frame: 30 mins (example)
Number of pip movements from last 4 periods = 50 pips or - 35 pips
(close price of period 4 - close price of period 1)