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2013.07.29 20:51
2016.11.22 07:32
tro_range.mq5 (5.67 KB) view

Real author:

Avery T. Horton, Jr. aka TRO

A simple volatility meter which displays sizes of candlesticks in a separate subwindow. If the size of a candlestick is greater than the threshold determined by the input parameter Treshold, the histogram is purple, otherwise it is pink.

input uint Threshold=200; // Threshold in points

This indicator was first implemented in MQL4 and published in Code Base at on 23.05.2008. 

Figure 1. The TRO_RANGE indicator

Figure 1. The TRO_RANGE indicator

Translated from Russian by MetaQuotes Ltd.
Original code:

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