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Candle point average

Main purpose:

This indicator calculates the average of previous candles (a half of candle points).

This value represent the strength of market (buy/sell) in each candle.


Parameters:

. Period: indicating previous candles to calculate average

. Shift: draw line at a shift on chart.


Tip:

We can use this value to consider TP and SL of a position before opening.

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Aleksandr Tamonin
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Aleksandr Tamonin 2021.01.24 15:26 
 

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Triet Lam Minh
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Reply from developer Triet Lam Minh 2021.01.27 16:49
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