OPEN-SOURCE SCRIPT

PriceCounter

2 331
Price Counter
Use to identify Price Short Term Trend By

PC = Present Close - 4 Previous Close

PC > 0 Show Value in Green bar
PC 0
Dot = Present Close - 2 Previous High
If PC = 0 or < 0
Dot = Present Close - 2 Previous Low

Indicator will Show momentum of price. PC bar is long mean price move fast .
PC bars are the same color continuously , mean price in trend.
PC bars are often flip color and small bar , mean price sideway and weak momentum.

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