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;
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?
Thank you.

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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;