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Indicators

Cauchy derivative - indicator for MetaTrader 4

Iurii Tokman | English Русский
Views:
23875
Rating:
(18)
Published:
2016.10.27 13:40
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The indicator shows the difference in the estimated values of the current bar and the previous bar.

Estimated value is the difference between the arithmetic mean and geometric mean of the price.

The price is calculated according to the formula: (O+H+L+C)/4, where О — bar Open price, Н — bar High price, L — bar Low price, С — bar Close price.

The indicator settings:

  • period — indicator period for calculation of values.

CADJPY chart, M15, 2016.08.26 18:19 UTC, InstaForex Group, MetaTrader 4, Demo

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16147

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