Indicator to detect market moves

May 22nd, 2023, 06:20 PM

Hi all!

Is there any indicator that shows markets moves more than a predefined value, say, 10 points for ES?

The basic behavior is as follows, on a 5min chart loaded with 30 day's ETH data, it

1. shows a RED DOT at the beginning of a 10 point move
2. shows a WHITE DOT at the end of the move (could be at the 10th point or extends further)
3. resets the calculation and starts a new search

Something similar will also be useful, including the use of any existing indicators in conjunction with others or tools like bloodhound.

Thanks in advance for your help!

May 27th, 2023, 02:16 PM

Do you want to see 10 points based on Close or High/Low excursion?

May 29th, 2023, 10:51 AM

thanks for asking!
open of the starting and close of end bar
Or High/Low of the excursion will also be good.
Is there any existing indicator to do such a task?

LanceElCamino

Do you want to see 10 points based on Close or High/Low excursion?

Indicator to detect market moves

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Indicator to detect market moves