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.

Notas de Lançamento:

• 
  
• 
  

Notas de Lançamento:

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

Notas de Lançamento:

Removed unnecessary plots and variables.

Notas de Lançamento:

HMA added to bring more smoothness

Notas de Lançamento:

HMA Offset added

Notas de Lançamento:

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

Notas de Lançamento:

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

Notas de Lançamento:

Minor bug fixed

Notas de Lançamento:

Chart error fixed