MQL questions.

 

I have a little MQL question, what do these lines mean?

tvi = Abs(iMA(3,0,1) - iMA(3,0,3)) / (High[Highest(2,3,3)] -

Low[Lowest(1,3,3)]) * 100;

 

heres ONE guess Abs= Absolute value... thats all I can say but I dont really know the rest:

tvi={[Absolute value of (Moving Average 1 MINUS Moving Average 2)] Divided High MINUS Low (don't understand the max and min)}TIMES 100

That's all I can tell you

 
Ravique:
I have a little MQL question, what do these lines mean? tvi = Abs(iMA(3,0,1) - iMA(3,0,3)) / (High[Highest(2,3,3)] - Low[Lowest(1,3,3)]) * 100;

Note that the MA indicators use 3 periods of bar. I don't know what is this formula for?

Files:
formula.jpg  8 kb
 

It is a part of the code of one interesting expert, showing grate performance on daily charts and using meridian as it`s basis

 

Care to share the mql ?

 

Gazuz, what is your email?

 

Ravique, you can left click Gazuz name to see his profile or to send him email. There will be a menu pop up.

 

Thank you.

Reason: