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shtcoinr
14 Şub 2019 17:10

The Center 

U.S. Dollar/Japanese YenFXCM

Açıklama

..some measure of “center” or average price is useful.
- Adam H. Grimes


This line off Adams blog inspired me to cook up a very simple indicator that just takes the High and Low of the time given (input in minutes), adds them together and divides it in half. This way we get a center based on the higher timeframe. Not only does it inform you of the dominating trend, but also works as a sort of momentum indicator if you measure the distance price is from the center.

Got the daily high/low calculations off tradingview.com/u/MikeWitts/
Yorumlar
LDJP
Awesome dude. I think this is vastly under appreciated. Great job.
shtcoinr
@LDJP, thanks!🙏🙏🙏
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