Last Week's APM & Daily % Move(Corrected)

Last Week's Average Price Movement + Daily Percentage Move (based on NY time)

This indicator accurately displays last week's Average Pip Movement (APM) consistently across all timeframes and tracks the true daily percentage move relative to that APM in a clear table in the top-right corner.

Key Features:

-Consistent Last Week's APM: Calculates the average pip movement from Monday to Friday of the previous trading week (based on daily wick-to-wick ranges, divided by 5). This APM value is now stable and the same across all chart timeframes.

-Accurate Live Daily % Move: Tracks the maximum percentage the price has moved (either up or down) since the 5 PM New York time daily open, compared to last week's APM. The percentage holds the maximum value reached during the day and resets at the next 5 PM NY open.

-NY Time Alignment: All time-based calculations are aligned with the New York time zone

Pip Adjustment: Automatically adjusts for JPY pairs.

⚠️ Important: For the intended display and relevance of the daily percentage move, this indicator is best used on timeframes 4-hour and under. On Daily and Weekly timeframes, the APM display will show a message indicating this.

We hope this indicator enhances your trading analysis.