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Speed Diamond

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Speed Diamond allows the user to easily view their chosen price target in relation to the current price of the chart.
It displays a Diamond at the bar where the (theoretical) trade would have been entered and a line at the entry price.
Displayed on the line is the amount of bars it has taken to arrive at your price target (current price).

Price targets can be set in Percentage, Ticks, and Price.

This indicator was not developed to be predictive and is simply intended for reference.
A potential use case could be discovering potential support and resistance zones.

Notes de version
Speed = Distance/Time
Distance = Price Target
Time = Bars to reach target.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.