Galen Woods Price Action Timeframe Index

This indicator determines if an intraday time-frame is amenable to price action analysis.

You can use it to find out the minimum time-frame that is suitable for price action analysis.

The time-frame is amenable to price action analysis if the index remains below 0.5. If the index rises above 0.5, the time-frame might not be suitable for price action analysis. In that case, consider increasing your time-frame.

It is normal to find that only certain periods in a day are suitable for price action analysis. Use these indications to focus your trading efforts.

Note: This indicator is for assessing intraday time-frames.

This indicator is available for purchase as part of Galen Woods' Day Trading With Price Action Course.

版本注释

Update to Pine Script v6

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作者的说明

Get this indicator as part of Galen Woods' Day Trading With Price Action Course. Learn more: https://www.tradingsetupsreview.com/day-trading-with-price-action/

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