Concept: Definedge Period: 10 Average period: 5 In the Shadow% indicator, two lines are plotted below the chart. 1 – The green line represen
"Shadow% Indicator: Enhancing Market Insight with Dynamic Trend and Volatility Metrics"
The Shadow% Indicator measures the proportion of a candlestick's body relative to its total range, indicating market sentiment and potential reversal points. High Shadow% suggests strong momentum, while low values signal weaker trends.







