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NHNL.mq5 (7.76 KB) view

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The New High New Low Index indicator displays the High/Low values of a symbol.

The index is calculated as the difference between the number of highest highs and the number of lowest lows for a given period.

In addition to High and Low, the indicator calculates their sum - the HL index.

The indicator has one input parameter:

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20049

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