History:
Version 2.3 introduces enhancements, code improvements, and the Price-to-MA Distance feature.
Information:
Trade Value is influenced by Price Positioning, which can also be represented by MA Speed and Price-to-MA Distance. This indicator offers:
- Speed Data displayed as a Histogram, scaled against the historical average.
- Distance Data presented as a Line, expressed in percentage points.
How to Use:
The two key features of this indicator are combined for your convenience rather than immediate compatibility. Essentially, it makes it straightforward to identify price pressure on a trending Moving Average.
Comments 0