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Total Points Range by exp3rts

743
This indicator measures and displays the true intraday movement of a market by approximating tick-level activity using 1-second data aggregation. Instead of only looking at net candle movement, it sums every price change during a session, giving traders a more accurate picture of market effort and volatility.

  1. Total Points Moved (TPM) – Captures the full distance traveled by price, not just the net gain/loss.
  2. Bullish vs. Bearish Movement – Separates upward and downward moves so you can see who dominated the session.
  3. Custom Sessions – Define your own session start/end times and time zone for precise tracking.
  4. End-of-Session Summary – Automatically plots a label at session completion with totals for TPM, bullish, and bearish movement.
  5. Visual Session Highlighting – Background shading makes it easy to see when the chosen session is active.


This tool is useful for:
  • Understanding the true effort vs. result of price movement
  • Comparing volatility across sessions
  • Identifying whether bulls or bears contributed more to market swings
  • Supporting order flow and tick-based trading strategies
릴리즈 노트
v1.2
- Fixed midnight time range
릴리즈 노트
v1.5
- Previous days values
릴리즈 노트
Rename

면책사항

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