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MOR Average Bar Size

This indicator determines the average bas size (body, wicks) for the specified range.


Input parameters

  • Mode - select the mode of the indicator:
    • HighLow - the indicator calculates the average bar size from High to Low and displays the data in the form of a histogram at the bottom of the terminal
    • OpenClose - the indicator calculates the average bar size from Open to Close and displays the data in the form of a histogram at the bottom of the terminal
    • HLOC - the indicator displays data on the two previous modes in one window at the bottom of the terminal
    • Shadow - the indicator calculates the average bar wick size and displays the data in the form of a histogram at the bottom of the terminal
    • ShadowUpper - the indicator calculates the average upper wick size and displays the data in the form of a histogram at the bottom of the terminal
    • ShadowLower - the indicator calculates the average lower wick size and displays the data in the form of a histogram at the bottom of the terminal
    • SUSL - the indicator displays data on the two previous modes in one window at the bottom of the terminal
  • Label - enable\disable displaying the indicator values on the last bar
  • Noise - if the bar is larger than this value, it is excluded from the calculation
  • NumberOfBars - the number of bars used in calculation of the average size
  • Label_X1, Label_Y1(Label_X2, Label_Y2) - coordinates for displaying the indicator values
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Vitaliy Sendyaev
The indicator finds and visualizes price gaps, which often can be used as support and resistance levels. It can display levels from different timeframes on one chart. Inputs Value Label - show/hide the timeframe of constructed levels TimeFrame - select timeframe to draw levels from DrawRangeDay - the length of the level in days DrawRangeHour - the length of the level in hours GapSizeForDrawing - a level will be drawn if gap is equal to or larger than this level in points CountDays - the number
This indicator is designed to automatically build support/resistance levels. The indicator calculates the density of the price distribution in the specified time range and creates a table of volumes for each price. Levels are constructed from the minimum to the maximum volumes specified by the user. Some input parameters can be changed using hot keys without opening the settings window. Inputs StartPoint - start bar number Range - length of the level in bars (time range) VolumeMin - minimum vo
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