TD-40 wrote: Wed Jan 24, 2024 6:43 am When I open a chart, I want to know how active the markets are. So it would be great to see a volume metric that showed the average number of pips in each candle, and allow me to modify the setting to maybe 8, 12, 21, or whatever number of units I want. For example, if I am looking at a 1hr chart and I see 6 pips, I won't bother trading. But if I see 25 or more, then I will look at entering a trade.

This purpose is to gauge how active the currency pair is by looking at the avg number of pips per candles in the charts.

Someone on Reddit suggested that I do this using ATR so that is also a possibility. I'll leave that up to you.

Does this exist?