AI Kaufman Efficiency Ratio Indicator
- Indicators
- Version: 1.0
Net price change divided by the sum of absolute bar to bar changes, from 0 (pure noise) to 1 (perfect trend). Helps decide between trend and range tactics.
Key features
- Calculated on closed bars, values do not repaint
- Works on any symbol and timeframe
- All periods, levels and colours can be changed in the inputs
- Light on resources with a maximum bars setting
- Buffers available for use in your own Expert Advisors (iCustom)
Buffers
0 Efficiency ratio, 1 Colour (0 trending, 1 neutral, 2 noisy).
Inputs
Efficiency Ratio: Period, Trending above this value, Noisy below this value.
Display: Maximum bars to calculate.
Note
This is an analysis tool. It does not place trades.
