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Views:

17288

Rating:

(9)

Published:

2008.07.04 07:57

Updated:

2014.04.21 14:52

amplitude.gif (8.08 KB)

Amplitude_all.mq4 (3.13 KB) view

Download as ZIP, How to download code from MetaEditor

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The displayed values:

Whole length of the candlestick (High - Low) - red solid line
"Body" of the candlestick (for a bull candlestick = Close - Open) - green solid line
Sum of "shadows" (for a bull candlestick = (High - Close) + (Open - Low) ) - blue solid line
Upper "shadow" (for a bull candlestick = High - Close ) - blue dashed line
Lower "shadow" (for a bull candlestick = Open - Low ) - blue dashed line

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7733

The average amplitude of the price movement for the specified period

The indicator displays the average amplitude of the price movement for the specified period.

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The author insists that users may utilize this indicator as an external interface for all other indexes.

The average amplitude of the price movement for whole history. - indicator for MetaTrader 4