UpDownForceMoving (UDF) displays two histograms and one moving average in a chart subwindow.
Location of histograms reveals prevailing movement (UP or Down) within the indicator period.
The moving average (Force) shows the price movement range.
- DRAWs=128 - amount of displayed bars;
- PeriodUDF=14 - UDF indicator period.
If you apply your logical and analytical skills, as well as your watchfulness, you can analyze dependencies in trading.