it's just an average moving multiplied by a percentage. this is good for measuring the acceleration of price movements
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change minimum value of percentage from 1 to 0
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Tweak some variable default values. so we can see and understand easily. current market price with the previous average price. so you know when you open a position, whether you are buying at a low price or not.
offset 0-->60
percent1 3-->5
percent2 6-->10
percent3 9-->15
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change the number of lines to 5 which was previously 3.
so that we can add a price line that is unexpected, this aims to see the shock price that moves quickly. -especially on fast moving crypto charts
tweaked some variables so that by default it shows a moving average of 60 bars (2 months if you are on the day timeframe), and at an offset of 60 bars. as a comparison of the current price and the price of the previous 60 bars
2nd function is to facilitate whenever you want to change 5 percentage lines to Fibonacci percent. so you can predict prices with the Fibbonaci scale.
updates: -changed the default number of lines to 5 which was previously 3 -tweak some variables -ma length 200-->60 -changed the default base line color to yellow by default