Key Features:
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!
Two Measurement Modes:
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.
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.
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.
Performance Optimized: To keep the indicator running smoothly, you can limit the number of historical bars it processes (MaxBars).
Input Parameters:
CloseToClose: Set this to true if you want to compare with the previous candle, or false to measure just the current candle.
PipsLimit: This parameter ensures that the indicator only displays information if the candle moves more than this specified number of pips.
DisplayLossColor: Choose a color for price drops that stands out to you.
DisplayGainColor: Pick a color for price gains that’s easy to spot.
MaxBars: This sets the maximum number of past bars the indicator will consider in its calculations.
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