Effort index indicator need code for mt4

[timilica]

Hello,

I have found an indicator called Effort index code it for Amibroker. I think it'll be helpful to have it for MT4, because i couldn't find a similar version. It could be helpful in combination with other indicators such as Better volume.

Unfortunately I don't use Amibroker, therefore, I don't really know the logic behind this AFL code.

Attached you can find the afl file.

Information and logic for this indicator are here:

karthikmarar.blogspot.ro/2013/06/effort-index-afl.html

Effort Index - YouTube

thx