This indicator plots out the values for "HighLowPricePercentage" and "LongerTermHighLowPricePercentage" as used in Profit Trailer Feeder. It has an option to switch from "MinutesToMeasureTrend" (Short) to "MinutesForLongerTermTrend" (Long).
Release Notes
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I had a request to add a "Tip Jar" for those who wanted to express their thanks for these indicators. So if you want to say thanks, then you're welcome:
LTC Tip Jar: LX4bUBdjiRPsagUbZoAczSGgDC4YqTJL7w
Release Notes
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Added the medium term time frame for "MinutesToMeasureMediumTrend".
Hi, Could you state a few words in plain english about the formula for this script? I read the PTF configuration documentation for it and I understand the logic when I contemplate it analytically, but perhaps I need a metaphor to understand when to apply such a calculation in order to offset a buy/sell value.