Juice Indicator

[JMLaney]

Can anyone direct me in finding an Indicator called Juice. It is used in metatrader 4 very helpful showing strength of a move. It is an indicator that is based on the rate of candle change. In orther words the rate at which the candle moves up or down in the time period chosen. Any help would be appreciated.

Thanks,
Michael

[ACM]

Re: Juice Indicator

Michael
From what I gather the Juice indicator appears to be the difference between the upper and lower Bollinger Bands of 7 periods and 1 standard deviation eg
var Juice = upperBB(7,1,0) - lowerBB(7,1,0)
Alex

Originally posted by JMLaney
Can anyone direct me in finding an Indicator called Juice. It is used in metatrader 4 very helpful showing strength of a move. It is an indicator that is based on the rate of candle change. In orther words the rate at which the candle moves up or down in the time period chosen. Any help would be appreciated.

Thanks,
Michael

[JMLaney]

Thanks Alex I will give this a try.

[ACM]

Michael
You are most welcome
Alex

Originally posted by Alexis C. Montenegro
Michael
You are most welcome
Alex