This indicator is similar to Bollinger Bands. It based on DAPD - Daily
Average Price Delta. DAPD is based upon a summation for each of the
highs (hod) for the 21 days prior to today minus the summation for
each of the lows (lod) for the last 21 days prior to today. The result
of this calculation would then be divided by 21.
It will be buy when high above previos DAPD high and sell if low below previos DAPD low
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
Average Price Delta. DAPD is based upon a summation for each of the
highs (hod) for the 21 days prior to today minus the summation for
each of the lows (lod) for the last 21 days prior to today. The result
of this calculation would then be divided by 21.
It will be buy when high above previos DAPD high and sell if low below previos DAPD low
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.