OPEN-SOURCE SCRIPT

5-Day APM for Forex Pairs

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This script calculates the 5-Day Average Pip Movement (APM) for major Forex pairs.
It displays the average daily range (in pips) over the past 5 trading days using true high-low price movement.
The script is optimized for clarity and minimalism — showing a single floating label on the main chart for pairs like GBPUSD, USDJPY, EURUSD, etc.
Automatically adjusts pip calculation for JPY pairs (×100) and other pairs (×10000).

✅ Great for identifying high-volatility vs low-volatility conditions
✅ Clean design with no clutter
✅ Only works on major FX pairs (whitelisted)

면책사항

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