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Pip Power Indicator?
Hi fxbs,
those indi are nice, but not exactly what I was hoping for..
Do you think its possible to measure the movement of the pips as stated above? In a numeric display like average daily range?
For example:
1st candle moved market price down 7 pips,
next candle down 12 pips,
next candle down 5 pips,
next candle up 20 pips
that would make total (Pip Power) movement be 44 pips over four candles.
So you would add all movement together, negative or positive , in a total movement index.
I hope that explanation is clear
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