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2016.09.19 12:50
Indicators

i4_DRF_v3 - indicator for MetaTrader 5

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803
Rating:
votes: 13
i4_DRF_v3.mq5 (5.45 KB)view

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

Fig.1. The i4_DRF_v3 indicator

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

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