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Views:: 3016
Rating:: (17)
Published:: 2015.12.04 09:43
Updated:: 2023.03.29 13:45

emv.mq5 (7.43 KB) view

emvcandle.mq5 (8.74 KB) view

\MQL5\Include\

smoothalgorithms.mqh (130.19 KB) view

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Ease of Movement indicator implemented as a sequence of candlesticks. Candlesticks appear as a result of relevant price timeseries processed by the EMV algorithm.

In many situations, such approach may be more informative for the purpose of analysis.

Fig.1. The EMVCandle indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/14149

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Ease of Movement indicator implemented in the form of a color histogram.

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EMVCandle - indicator for MetaTrader 5