OPEN-SOURCE SCRIPT
Percent change
This indicator shows WMA ribbons of the percentage of price movements.
Strong peaks show unusual price movement and might indicate a good time to close your position.
A narrow band shows stable price movement and could indicate a good time to get into a position. (Squeeze)
Strong peaks show unusual price movement and might indicate a good time to close your position.
A narrow band shows stable price movement and could indicate a good time to get into a position. (Squeeze)
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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