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Views:: 3436
Rating:: (12)
Published:: 2017.01.18 09:12

i4_DRF_v2.mq5 (5.38 KB) view

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Real author:

goldenlion@ukr.net

A simple trend indicator with calculation of rise and fall in Close prices. Calculation formula:

i4_DRF_v2=100 * (Psum - NSum) / Period

where:

Psum — the number of candles per calculation period, which have a rise in price;
Nsum — the number of candles per calculation period, which have a fall in price;
Period — calculation period.

Originally this indicator has been written in MQL4 and was first published in the Code Base on 09.03.2008.

Fig1. The i4_DRF_v2 indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16170

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i4_DRF_v2 - indicator for MetaTrader 5