Pips Breakout Candle measures price changes in pips. This indicator can be used to identify major price moves! The indicator comes with a sentiment line which is the sum of the Up versus Down price changes. It gives a good understanding of the current trend and identifies divergences.
This looks promising! Any chance you could elaborate on how you like to use this indicator - including identifying divergences?
ProValueTrader
⋅
@KryptoBeau, This is one of the most powerful pip breakout indicator I have ever created and used. A true breakout from a price level occur when the Pip breakout indicator peaks at the same time, then we know that a significant breakout is about to happen.