Name: VHF (Vertical Horizontal Filter)
Rating: 4.375 (16 reviews)
Author: Nikolay Kositsin

Watch how to download trading robots for free

Find us on Facebook!
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

Published by:

Nikolay Kositsin

Views:

12535

Rating:

(16)

Published:

2011.12.07 14:49

Updated:

2016.11.22 07:32

vhf.mq5 (6.17 KB) view

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

Real author:

LeMan

Vertical Horizontal Filter (VHF) shows, if there is a trend or a flat.

VHF was first described by Adam White in 1991.

There are three ways of VHF interprtation:

VHF values can be used to measure the prices direction. THe higher is VHF, the more stable is a trend.
VHF movement direction allows to determine, if there is a trend or a flat. VHF growth means the presence of a trend; VHF falling indicates possible flat.
It can be also used as the opposite opinion indicator. If VHF values are high - the probability of a future flat is high; if they are low - a new trend is near.

This indicator was first implemented in MQL4 and published in CodeBase at mql4.com 08.09.2009.

VHF

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/600

TSI-Oscillator

The typical normalized oscillator varying within the range -100 to +100 and provided with a signal line.

AFIRMA

МА combination is based on the digital filter and regressive Moving Average.

X2MA HTF

Universal moving average that displays the values from the higher timeframe.

Murrey Math FixPeriod

Murrey Lines with calculation at all bars and the possibility to choose a timeframe for lines calculation.

VHF (Vertical Horizontal Filter) - indicator for MetaTrader 5