An indicator of trend strength. The ratio of the price of the current bar to the price of the previous bar is used as the initial data for the calculation.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 10.02.2008.
Figure 1. The HVR indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/1899
The Commentator indicator analyzes a group of technical indicators and displays information about the current state of the market and trade recommendations.ColorDM_361
A digital momentum in the form of colored characters.