Movement Of The Price calculates the average range for intraday bars for a specified period of time.
The indicator operation principle is simple enough. It calculates the price movement ranges by intraday candles (bars) for a certain time interval and then calculates their average value. The resulting histogram is displayed under the chart. The smaller the timeframe, the more efficient the indicator. A timeframe less than H1 is the best option.
PERIOD – amount of candles used for
Trend Corridors builds several price channels simultaneously using Moving Average and ATR.
You can also set your own ratios for each price channel to expand or narrow it.
The channel lines can be made broken or smooth depending on how you are going to use the channel. When volatility is growing, the channel is expanded. Otherwise, it is narrowed. This allows you to find better entry/exit points and take the maximum amount of points.
PeriodsATR – ATR period, standard ATR paramete