Trend Range oscillator

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Trend Range oscillator

Postby Alexander.Gettinger » Wed Apr 03, 2013 2:40 pm

This indicator is a ported MQL5 indicators from http://www.mql5.com/en/code/1573

Formulas:
TrendRange[i] = res*Volume[i], where
res = High[i] - Low[i].
Level1 = Max/2,
Level2 = Max, where
Max = MA(TrendRange) + StdDev(TrendRange)*Deviation.

TrendRange.PNG


Download:
Trend_Range.lua
(4.59 KiB) Downloaded 213 times


Averages indicator is available here viewtopic.php?f=17&t=2430
StdDev indicator is available here viewtopic.php?f=17&t=870&hilit=STDDEV

The indicator was revised and updated
Alexander.Gettinger
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Re: Trend Range oscillator

Postby Alexander.Gettinger » Wed Apr 10, 2013 4:13 pm

MQL4 version of this indicator: viewtopic.php?f=38&t=34362
Alexander.Gettinger
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Posts: 3450
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Re: Trend Range oscillator

Postby Apprentice » Tue May 09, 2017 6:19 am

Indicator was revised and updated.
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Apprentice
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