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Published:

2012.12.25 11:32

Updated:

2016.11.22 07:32

silence.mq5 (9.56 KB) view

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The real author:

Trofimov Evgeniy Vitalyevich

The indicator displays the market activity. Average line is the aggressiveness percentage (rate of price change). Red is a volatility percentage (corridor value).

The Silence indicator demonstrated one of the variants of normalization of any indicators. I.e. bringing the indicator that changes in an unlimited interval to the form when it starts changing in an limited range. In this case the interval is from 0 and to 100.

This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 06.02.2009.

Fig.1 The Silence indicator

Fig.1 The Silence indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/1328

Volatility

A volatility indicator displays the amount of the corridor price movements for N period in points

Aggressiveness

The Aggressiveness indicator displays how many points the instrument runs on the average for one candlestick

ColorX2MA_Osc

The X2MA Moving Average turned to the oscillator using the normalization of its values in the range from 0 to 100.

ytg_Price_Peak

The indicator of Peak Price Values.

Silence - indicator for MetaTrader 5