Ulcer Index

Here you can post and download custom indicators written in JavaScript.

Moderator: admin

Ulcer Index

Postby Alexander.Gettinger » Wed May 02, 2018 2:54 pm

Developed by Peter Martin and Byron McCann in 1987, the Ulcer Index is a volatility indicator that measures downside risk.
It's designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period.
Many consider the Ulcer Index superior to the standard deviation and other measures of risk.

UI.PNG


Download:
UI_JS.jsl
(2.04 KiB) Downloaded 616 times
Alexander.Gettinger
FXCodeBase: Confirmed User
 
Posts: 3785
Joined: Wed Mar 31, 2010 9:40 pm
Location: Russia, Omsk

Return to JavaScript Indicators and Strategies

Who is online

Users browsing this forum: No registered users and 8 guests