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- (2.58 KiB) Downloaded 294 times
