As a rule, it takes too much time to switch between the periods and the indicator parameters to compare the behaviour and reveal the genuine dynamics of the indicators.
This indicator was created after the working space of the terminal was completely filled by a set of standard indicators having various parameters.
The things that are calculated:
As a result, we managed to gather two characteristics of different period and dynamics. It is widely known that RSI and DeMarker behave differently in case of uncertain situations on a chart and also relative to themselves in case of the indicators various periods. Therefore, I think, it is quite useful to see this difference.
The indicator uses the СMoving_Average class of the SmoothAlgorithms.mqh library. Working with that class was described in details in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
This indicator was first implemented in MQL4 and published in CodeBase 14.01.2008.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/515
Range Action Verification Index trend indicator.Matrix operations library
The library provides simple matrix operations: addition, subtraction, multiplication, inversion.