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The indicator calculates the efficiency of the price movement. It is displayed as a histogram in a separate window.

Applied equation: PriceChannelWidth / (ATR * period) * 100

PriceChannelWidth - the difference between the highest and lowest price for the Period;

ATR - Average True Range for the Period;

Period - the period of calculation.

Calculation period can be set in the indicator properties. Besides, you can add levels and change the histogram color.

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