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AP AI1

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This indicator is a tool designed with the aim of making scanning process easier for contraction patterns. It displays all relevant data in a table that easy to read in a quick glance.
The position of the table on the chart, Size of the table, back ground color of table and color of text are customizable in settings. All data displayed in table is customizable, can be removed and added as per convenience of user in settings.

Data in Table
EMA10 – % difference between price and 10EMA
EMA20 – % difference between price and 20EMA
EMA50 – % difference between price and 20EMA

RVOL - Relative volume of latest bar compared to average volume(by default 50)

ADR - Average Daily Range is a measure of average daily volatility of a stocks(by default 20)

52WH - % difference between price and Highest high in last 52 weeks

WR- 5 Week Range is % Range between highest high and lowest low in last 5 Weeks

50 DAV – 50 Day Average Volume is average number of shares traded daily

VOL TOD – Number of shares traded today

VOL VAL – Turnover in INR (Crores)

Besides Table this tool plots 4 EMA’s(by Default 10,20,50,200) to be displayed on chart and gives the option to change color of ema’s. If one doesn’t need EMA’s on chart, they can be disabled in settings->Style
Lables

The option to turn labels On/OFF is under table customization in settings. This was done so too keep all On/Off Toggles in one section. however to change color, style and size of label users will have to scroll down in settings
By default this tool will plot Labels below the bars that qualify as Bull snorts, IB(Inside Bar) are turned off by default

Bull Snorts – Option to toggle ON/OFF is under table customization. If turned on these will plot Green Upward Pointing Triangle below the bar. Indicating prior Bull Snorts

IB- Inside Bars Option to toggle ON/OFF is under table customization. If turned on these will plot Orange Downward Pointing Lable above the bar. Indicating prior Inside Bars.

Lookback bars – this only affects IB as they may overcrowd the chart. By default the value is set to 50 meaning only inside bars in last 50 bars will be marked. User can change value as per preference.

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