This indicator can be useful for arbitrageurs. The formula for the calculation of the indicator:
ln(C/O) = ln(C) - ln(O)
where C — is the Close, and the O — Open.
For more information about the logarithmic rate of return read the article "Market invariants, or why the trader needs logarithms":
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13021
The Slope Direction Line trend indicator, used by the Hammering EA from the Market section.Use MA to draw UpDown_Resistance
The indicator uses Move Average to draw the level line of up and down.
The script inserts the FXT-file of any custom chart, synthesized from real tick flow, into the strategy tester folder.The Mandelbrot set
The Mandelbrot set is one of the most famous fractals, including outside of mathematics, thanks to its color rendering.