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What is Intrabar Efficiency Ratio Indicator about?

This document contains a Pine Script® code for an Intrabar Efficiency Ratio (IER) indicator used in TradingView. The script includes various customizable settings for display types, moving average types, and intrabar precision, along with functions for calculating moving averages and plotting the IER. It also provides visual elements such as candles, lines, and circles to represent the IER and its moving averages on a chart.

Author

apextraders.989

Language

EN