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4864

Rating:

(17)

Published:

19 September 2016, 12:50

Updated:

22 November 2016, 07:32

i4_DRF_v3.mq5 (5.45 KB) view

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Real author:

goldenlion@ukr.net

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

i4_DRF_v2=100 * (Psum - NSum) / Period

where:

Psum — the number of candles per calculation period, which have a growth in High;
Nsum — the number of candles per calculation period, which have a growth in Low;
Period — calculation period.

Fig.1. The i4_DRF_v3 indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/16172

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i4_DRF_v3 - indicator for MetaTrader 5