Simple code which will find and highlight big price movements in a small period of time. This price movements will usually have an opposite reaction of the same size.
Use this indicator under your own risk.
This is an interesting study that can be used as a tool for determining trend direction, and also could be a trailing stop setter. I use it as a gauge on MTF settings, in the pic MTF is turned off. If on, you can look at the bar cycle of the 1h while on the 15m giving you a lot of information in one tool. If a line is missing high or low, it is because it was...