Phase change index

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Phase change index

Postby Apprentice » Mon Sep 24, 2018 5:39 am

EURUSD H4 (09-24-2018 1041).png

Based on post.
https://www.prorealcode.com/prorealtime ... nge-index/

Phase change index by M.H. Pee as featured in TASC magazine.

Which phase is your market going through? Find out by using this indicator.

Prices at any time can be up, down, or unchanged. A period where market prices remain relatively unchanged is referred to as a consolidation. A period that witnesses relatively higher prices is referred to as an uptrend, while a period of relatively lower prices is called a downtrend.

Phase change index.lua
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