PCFLE Histogram (Price Change From the Last Extreme) - plots the percentage movement from the last extreme. Can be used for graphical representation of percentage movement from last lowest low to current high / from last highest high to current low. Input parametters: InpDigits - the number of decimal places displayed on the y-axis You can set colors and horizontal levels in the indicator properties. Examples of how to trade with the indicator can be found in screenshots.
The indicator displays the value of ROC (Rate of change) from the selected price or moving average as a histogram. You can plot the moving average ROC values for smoothing indicator.
Displayed Data ExtROC - rate of change ExtMAROC - smoothing line
Parameters You can change the price, on which the indicator is calculated.
Inputs InpMAPeriod - in case you want to calculate the moving average ROC, enter averaging period. Enter 1 for the calculation of the specified prices. InpMAMethod - smoot