1798 Indicators

NRTR

NRTR Normally, authors of indicators of this kind use only the current trend support lines. However, I had to add resistance lines during debugging. This resulted in something I really liked: The obtained ‘stairs’ had thickness. This thickness is called ‘brick’ in my other versions. This can be useful for calculation of the stop size…

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Zigzag2 R

Zigzag2 R In the standard Zigzag.mq4 the style DRAW_SECTION was used for drawing. This style allowed drawing only lines between points placed on different bars. The drawing style DRAW_ZIGZAG allows to avoid this limitation. For this purpose two buffers are used instead of one. The indicator Zigzag2_R_.mql4 illustrates this style. Added into the code: the processing of the outside…

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Chaikin’s Volatility – CHV

Chaikin’s Volatility – CHV According to volatility interpretation method offered by Chaikin, the growth of the volatility indicator value in a short is the sign of a price’s approaching to a base (for example, panic selling of securities), and volatility fall during a дыкпук period denotes the closeness of a peak (e.g. in conditions of…

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NRMA

NRMA NRMA is the famous indicator by Konstantin Kopyrkin, it produced numerous realizations of the indicator NRTR. In this variant we see a moving average (line) and trailing stops NRTR (points). Access to other intermediate Omega indicators (NRTR_Oscillator, NRatio, NRTR_DT) is available throug calls of iCustom(NULL,0,”NRMA”,parameters,index_number, shift).

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Indicator of Volatility Change

Indicator of Volatility Change There are a lot of ways to measure volatility (changeability). One of them is calculation of the standard deviation of returns for a certain period of time. Sometimes the current volatility on a short period of time (for example, 6 days) is correlated with volatility of a larger period (for example…

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