Galen Woods Price Action Timeframe Index
You can use it to find out the minimum time-frame that is suitable for price action analysis.
The time-frame is amenable to price action analysis if the index remains below 0.5. If the index rises above 0.5, the time-frame might not be suitable for price action analysis. In that case, consider increasing your time-frame.
It is normal to find that only certain periods in a day are suitable for price action analysis. Use these indications to focus your trading efforts.
Note: This indicator is for assessing intraday time-frames.
This indicator is available for purchase as part of Galen Woods' Day Trading With Price Action Course.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact galenwoods directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact galenwoods directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.