Gopalakrishnan_Range_Index

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Gopalakrishnan_Range_Index

Postby Apprentice » Sat Jan 18, 2020 5:55 am

GBPUSD D1 (01-18-2020 1002).png

Gopalakrishnan indicator or GAPO for short is a measurement of market volatility.
The indicator is calculated over a set time period (default 5 days) using only price action.
Developed by Jayanthi Gopalakrishnan which is based on Mandelbrot's work, to measure the dynamic character of the financial markets.
Gopalakrishnan_Range_Index.lua
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