Resistance indicator measures the ratio of volume to the bar price range kind of like MFI

[[Deleted]]

Measures path of least (or most) resistance by comparing the bars range (Open to Close OR High to Low) to the volume. It can also give the reverse ratio (Volume divided by range instead of Range devided by Volume) to get the path of most resistance. The two Min settings are just to filter out unusual spikes from 0 to small volume or range days. The RPath bool is for changing from a "Path of Least Resistance indi" to a "Path of Most rRsistance indi."

I'm sure someone must've done this but I couldn't find it in 5 min of googling so I made my own. It's kind of like the MFI but uses open to close (if you like) instead of high to low to calculate the range and can be reversed to find most resistance instead of least resistance. Enjoy.

[Shailesh Mishra]

What is the difference and advantage of this indicator and ease of movement indicator?