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Views:: 5526
Rating:: (13)
Published:: 2018.11.20 12:49

WAVE_PM.mq5 (16.59 KB) view

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Whistler's Active Volatility Energy - Price Mass indicator. The indicator was described in the book "Volatility illuminated" by Mark Whistler.

The indicator has twelve input parameters:

Fast bands period - fast line calculation period
Fast bands shift - fast line shift
Fast bands deviation - fast line deviation
Slow bands period - slow line calculation period
Slow bands shift - slow line shift
Slow bands deviation - slow line deviation
Chars - fast and slow oscillators calculation period
Extreme top level - extreme upper level value
Top level - upper level value
Central level - central level value
Bottom level - lower level value
Extreme bottom level - extreme lower level value

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22988

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WAVE_PM - indicator for MetaTrader 5