Key Features:
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Dual Display: This nifty tool automatically calculates and showcases price changes in both pips (displayed below the candle) and percentage (shown above the candle). It’s perfect for quickly gauging market movements!
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Two Measurement Modes:
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Close-to-Close (default): This mode compares the current candle's close price to the previous one, giving you a clear picture of inter-candle volatility.
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Close-to-Open: This option allows you to compare the close and open prices of the same candle, helping you measure its body size effectively.
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Flexible Customization: Tailor the indicator to your preferences by changing colors for gains and losses. Plus, you can set a minimum pip threshold (PipsLimit) to filter out those insignificant price movements.
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Performance Optimized: To keep the indicator running smoothly, you can limit the number of historical bars it processes (MaxBars).
Input Parameters:
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CloseToClose: Set this to true if you want to compare with the previous candle, or false to measure just the current candle.
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PipsLimit: This parameter ensures that the indicator only displays information if the candle moves more than this specified number of pips.
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DisplayLossColor: Choose a color for price drops that stands out to you.
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DisplayGainColor: Pick a color for price gains that’s easy to spot.
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MaxBars: This sets the maximum number of past bars the indicator will consider in its calculations.
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