Good day,
Is anybody able to modify this indicator so that the columns can be sorted by highest to lowest?
The value I am hoping to sort is "APR", but it would be nice to have the option to sort by a different one as well if need be.
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While I am typing this I had an idea for another modification/indicator. Would it be possible to add a column with a pip "efficiency"? A value determined by PRICE PER PIP vs ATR? Maybe the ATR multiplied by the value/price/cost of 1 pip at 1 lot?
For example if EURUSD D1 ATR is 82, we multiply by price of 1 pip for 1 lot which is $10 and we get... 82 x 10 = $820
Now we have a more digestible perspective on the actual value of 1xATR.
2nd example GBPJPY D1 ATR is 115, multiply by price of 1 pip for 1 lot which is $9.16 and we get... 115 x $1053
Easy to see how much potential profit exists within a single average ATR
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Maybe somehow the spread could also be accounted for; much more important for scalpers (turn on/off?). Spread data gathered and averaged for the period...?
For example, we use EURUSD again:
- D1 ATR is 82pips. 82 pips x $10/pip = $820
- M15 ATR is 5 pips. 5 pips x $10/pip = $50
If the average spread on D1 is 2.5 pips, then we have $820 - $25 = $795 potential in a single D1 ATR period
If the average spread on M15 is 2.5 pips then we have $50 - $25 = $25 potential in a single M15 ATR period
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Sorry, didn't mean to digress from my actual request. Idea came to me as I was typing...
Maybe somebody can make something of it...