Last Week's APM FX pairs only

How it works

The script calculates Average Price Movement (APM) by analyzing daily candle high-low ranges from the previous week across five trading sessions. It automatically detects whether the currency pair is JPY-based and adjusts pip multipliers accordingly, ensuring precise volatility measurements.

By pulling locked daily timeframe data, the script generates a consistent and reliable pip range calculation that remains accurate regardless of the current chart timeframe being viewed. The calculation method focuses on full wick-to-wick ranges, providing a comprehensive view of recent market price fluctuations.

Why it may be useful

The APM tool offers traders a clear, data-driven understanding of recent market volatility, enabling more informed trading decisions based on historical price behavior. By presenting a standardized measurement of daily price ranges, traders can quickly assess market dynamics and potential trading opportunities.

This approach transforms raw price data into actionable insights, helping traders develop more structured and disciplined trading strategies. The non-intrusive display and precise calculations make it an invaluable tool for professionals seeking to understand market movement patterns.

When to explore it

The APM is most effective for traders focusing on volatility-based strategies, particularly those interested in range trading, scalping, and intraday price movements. It provides maximum value when used alongside other technical analysis tools like order blocks, liquidity zones, and news catalysts.

Professional traders, prop firm traders, and those developing rules-based trading systems will find this tool especially useful. It's particularly powerful for traders who want to compare week-to-week volatility and make data-driven decisions about market entry and exit points.

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