Hope you are all having a great wrap up to your week! In this video, I am going to show you a new indicator that I will be releasing today. It is called the Baseline Indicator. It is modelled after TradingView's baseline chart.
The indicator is capable of auto-calculating a real-time or previous period baseline using the high and low average, and auto-plotting an identical chart to Tradingview's baseline chart.
Here are some examples of plots:
SPY 1 Hour using Previous Week Average:
SPY 1 Day using Previous Month Average:
SPY 1 Hour using real time 2 Day average:
I will be releasing the indicator with a description later today. Hopefully you enjoy!