this can give an indication of the momentum of a move increasing or decreasing
you can also set a threshold for a minimum angle to filter out "no trade" zones
I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
If, however, you value these contributions, feel free to leave a little something in the tip-jar for my next coffee break ;-)
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
A little tip is always nice!
... and if that's the case, the same effect might have been had by normalizing the price before taking the difference?
.. why do u think this wouldn't work with just raw price changes?
eg. crypto moves 10's or 100's of procents more than Forex.
Before I added the normalisation, I had to change the settings for every asset.
Otherwise you either get very low values for FX if you set it for Crypto
or get maximum angle up or down all the time if you qset it for FX and use it for Crypto.