Naji's Price Change Detector

3 天前

This indicator detects when the price goes up or down by a customizable % and time. This allows the user to detect large changes in the market in order to try to catch the reversal.
This does not detect the reversal, you need to decide when to enter the trade yourself.

Key Features:

Customizable Settings:

Percent Change Threshold: You can change this in the settings panel (default = 4%).
Number of Bars to Check: Adjustable between 1 and any desired number of bars (default = 5).


Dynamic Calculation:

The script calculates the price change for every bar within the specified range.
Alerts:

Alerts are customized to reflect the chosen settings and will trigger only once per bar close.


Background Highlights:

Green: A price increase exceeding the threshold was detected.
Red: A price decrease exceeding the threshold was detected.