Price movement indicator

This indicator shows us if the price is moving up or down based on the ratio of current price vs previous bar.
If this ratio is above 1 then this indicates that the price is increasing, while if the ratio is below 1 the price is decreasing.


HOW TO USE:
Set the desired EMA length, number of previous bars to compare with and offset.

Markets:
It can be used to all markets.

הערות שחרור:

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הערות שחרור:

- Potential SHORT and LONG entries
SHORT = red circle
LONG = green circle
- Signal line (blue)

הערות שחרור:

Removed unnecessary plots and variables.

הערות שחרור:

HMA added to bring more smoothness

הערות שחרור:

HMA Offset added

הערות שחרור:

Entry points are clear now.
Green - LONG
Red - SHORT

הערות שחרור:

Added SMA length for pricecomparison n-bars back
EMA set to 100
Offset set to 25

הערות שחרור:

Minor bug fixed

הערות שחרור:

Chart error fixed