Again indicator without description.
I guess some will figure out how to use it:)
Cheers
soru
I guess some will figure out how to use it:)
Cheers
soru
study("soru PACE®",overlay=false) len=input(defval=250) c=((close[1]-close[0])*-1)*10000 b = rma(c,len) o = (open[1]-close)*-1 h = (high[1]-high)*-1 l = (low[1]-low)*-1 q = abs(rma(c,len)) z = highest(q,len) p=sma(z,len) plot(sma(z,len),color=black) plot(sma(z/2,len),color=black) plot(sma(z*2,len),color=black) x=z*-1 plot(sma(x,len),color=black) plot(sma(x/2,len),color=black) plot(sma(x*2,len),color=black) col = rma(c,len) > 0 ? green : red col2=p>p[1]? orange : p<p[1]? #7f7fff : gray plot((rma(c,len)),style=columns,color=col) //barcolor(col2)