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MetaTrader 5 Indicator | NHNL

4.8.25 0

The New High New Low Index indicator displays the High/Low values of a symbol.

The index is calculated as the difference between the number of highest highs and the number of lowest lows for a given period.

In addition to High and Low, the indicator calculates their sum - the HL index.

The indicator has one input parameter:

  • Period - period, for which the High and Low indices will be calculated.

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