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Price Action Indicator

Category: Indicators By: georgec10 Created: March 27, 2016, 9:55 AM

March 27, 2016, 9:55 AM

Indicators

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This indicator returns the average of the difference of an exponential moving average with each open and close of candlesticks.

a=ExponentialAverage[100](close)
b=(Open)
c=(Close)


PriceAction=((b-a)+(c-a))/2
RETURN PriceAction

Download

Filename: PriceAction.itf

Downloads: 148

georgec10 Junior

Currently debugging life, so my bio is on hold. Check back after the next commit for an update.

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