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Published:

2018.03.01 11:41

RWI.mq5 (13.65 KB) view

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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

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Square Weighted Moving Average.

VMA

VMA is a volatility based dynamic MA.

RWI - indicator for MetaTrader 5