Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Real author:
Albert
An indicator of trend strength. The ratio of the price of the current bar to the price of the previous bar is used as the initial data for the calculation.
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This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 10.02.2008.

Figure 1. The HVR indicator
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