GetMarketMakerMove ( String symbol);

Default values:

symbol: getSymbol()


Returns the value of Market Maker Move (MMM) indicator which calculates the expected magnitude of price movement based on market volatility. This calculation is performed using stock price, volatility differential, and time to expiration.

Input parameters

Parameter Default value Description
symbol current symbol Defines symbol for which the Market Maker Move is calculated.


AddLabel(yes, "Market Maker Move:" + GetMarketMakerMove());

This script adds a chart label showing Market Maker Move value calculated for the currently selected symbol.