Average Difference is a simple, yet powerful oscillator that can be used for entries or exits.
The indicator was made from scratch, so it's 100% original!
Calculation:
1) Difference = Close - Previous close
2) Average Difference = Sma (Difference, n periods)
How to interpret colors:
Green = Bullish
Red = Bearish
Default setting: 13 (For entries)
Enjoy, and hit the follow button to follow my latest indicators!
The indicator was made from scratch, so it's 100% original!
Calculation:
1) Difference = Close - Previous close
2) Average Difference = Sma (Difference, n periods)
How to interpret colors:
Green = Bullish
Red = Bearish
Default setting: 13 (For entries)
Enjoy, and hit the follow button to follow my latest indicators!