Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 3635
Rating:: (14)
Published:: 2018.03.01 11:41

RWI.mq5 (13.65 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Random Walk Index (RWI) tries to determine whether a price movement is random or it is characteristic of the price and (or) is a result of a statistically significant trend.

The indicator has one input parameter:

Period - indicator calculation period.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19892

Median Moving Average

Median MA is a moving average, which is calculated using the median price for a given period.

Moving Average Candles

A moving average drawn as candlesticks on a chart.

Square Weighted MA

Square Weighted Moving Average.

VMA

VMA is a volatility based dynamic MA.

RWI - indicator for MetaTrader 5