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2015.12.04 09:43
EMVCandle

EMVCandle - indicator for MetaTrader 5

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\MQL5\Include\
emv.mq5 (7.43 KB)view
emvcandle.mq5 (8.74 KB)view

Description:

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.

Image:

Fig.1. The EMVCandle indicator

Fig.1. The EMVCandle indicator

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

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