Analisis Perubahan Persentase Blok v2

(Part 1: Summary)

The Block Percentage Change Analysis Indicator (APP Block) is a visual tool designed to detect significant price movements within a specific time period. Instead of analyzing each candle individually, this indicator identifies a group (block) of candles and provides a visual signal if the total price change from the first candle to the last candle in the block exceeds the percentage you specify.

The goal is to help traders quickly recognize strong momentum, potential reversals, or breakouts from consolidation phases.

(Part 2: Key Features)

Block Visualization: Automatically colors the entire block of candles that meet the criteria, making it easy to see periods of significant price movement.

Direction Detection: Uses different colors (customizable) for upward (Bullish) and downward (Bearish) movements, providing instant insight into the direction of momentum.

Full Customization: You can easily adjust the main parameters according to your trading style, asset, and timeframe:

Number of candles in one block.

Minimum percentage price change required.

Price source being analyzed (Open, High, Low, Close).

Colors for upward and downward blocks.

Alert System: Equipped with built-in alert conditions that you can set to receive notifications whenever a signal block forms.

(Section 3: How It Works)

This indicator works in a simple way:

It looks back at the number of candles you specify (e.g., 20 candles).

Then, it calculates the price change in percentage between the price on the first candle and the price on the last candle in that block.

If the change (whether up or down) exceeds the threshold you set (e.g., 2%), the entire candle block will be colored according to its direction of movement.

(Section 4: How to Use in Trading)

This indicator is flexible and can be used in various ways:

Momentum Confirmation: After a breakout from a pattern, the appearance of a green block (upward) can serve as strong confirmation that a bullish momentum is underway. The opposite applies for red blocks.

Market Exhaustion Identification: In a prolonged upward trend, the first appearance of a red block can signal the initial entry of significant selling pressure, indicating a potential reversal or correction.

Signal Filter: Use as a filter for other indicators. Example: “I will only take a buy signal from RSI if the price has just formed a green block,” to avoid false signals when the market is sideways.

(Section 5: Settings)

Number of Candles in Block: Set the length of the block being analyzed. Smaller values will be more sensitive, while larger values will indicate long-term trends.

Minimum Percentage Change (%): The threshold to trigger a signal. Adjust this value based on asset volatility (e.g., stocks may require 5%, while forex may need 1%).

Price Source: Select which price (Open, High, Low, Close) best suits your strategy. Close is the default option.

Block Color (Up/Down): Adjust the background color to match your chart theme.

(Section 6: Conclusion and Disclaimer)

We hope this indicator is useful for your analysis and trading strategies.

Remember, no indicator is 100% accurate. Always use the APP Block as part of your larger trading system, combine it with other analyses (such as market structure, support/resistance, etc.), and most importantly, always apply proper risk management.

Suggestions and feedback for further development are greatly appreciated! Happy trading!

Translated with D