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pimind

Simple Indicator

By pimind, in Trading Indicators

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pimind    10

pimind
Posted

I have attached a simple indicator that easily lets me know how many pips or points to the moving average. I am determined to get all the money i have lost trading against the trend. I came up with this to help me decide how much room there is. For me it is easier to quickly look and see if it is worth it. I'm sure that this could be improved. Right now it is a simple ma, function can be changed other moving averages, or indicators. It could even be implemented to show the actual amount next to candle on chart, using the same concept as ticks to go. Anyway. enjoy. I'm sure that there must be already something like this out there . I didn't bother looking because it was easy enough to write it.

 

I also have it scaled for 4 decimals.

DISTANCETOMA.ELD

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