The Difference In Price Indicator can be used on any candle segment, but my favorite is the day because I like knowing how much to expect a stock to change in price on a daily basis.
To add the Difference In Price Indicator to your chart, you can click on the F(x) button and then click on public library. Type in Difference In Price. Add the one created by Myantman101 ( free )
Test it out on different segments and see for yourself how it can help determine what type of price change to expect when shorting or going long.
Comment any questions below