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Total Points Range by exp3rts
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.
This tool is useful for:
- Total Points Moved (TPM) – Captures the full distance traveled by price, not just the net gain/loss.
- Bullish vs. Bearish Movement – Separates upward and downward moves so you can see who dominated the session.
- Custom Sessions – Define your own session start/end times and time zone for precise tracking.
- End-of-Session Summary – Automatically plots a label at session completion with totals for TPM, bullish, and bearish movement.
- 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
發行說明
v1.2- Fixed midnight time range
發行說明
v1.5- Previous days values
發行說明
Rename
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