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Wow what an interesting topic this has turned out to be. thanks for all the input.
After a lot of reading and playing around.
As you all know there is no TRUE volume in FX ( stop me if you have heard this before) so I have been thinking about and indicator similar to the market profile but based on price and time ie 60min bar how low does the price stand still at a particular price. so if we have the price sit at a
certain price the bars increase out on a horizontal. imho this should act as a true price pivot point. as that is the point where the buyer and sellers are fighting it out.
it's an idea that might have been done before but i can find it.
Not at home right now, I'm assuming you're talking about an indicator that accumulates the amount of seconds the price stays at a certain price rather than the amount of ticks?
Linear Mode
