Candle point average
- Indicators
- Triet Lam Minh
- Version: 1.1
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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