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Indicators

NV - indicator for MetaTrader 5

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107
Rating:
votes: 5
Published:
2018.07.09 13:45
NV.mq5 (14.61 KB)view

NV (Natenberg's Volatility) - Sheldon Natenberg's historical volatility indicator.

Historical volatility described by Sheldon Natenberg is defined as the standard deviation of logarithmic price changes measured at equal time intervals.

The indicator has one input parameter:

  • Period - indicator calculation period.

Calculation:

NV = StdDev(R, Period)

where:

R = Log(Close / PrevClose)

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21107

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