CRF - indicator for MetaTrader 5

CRF – indicator MetaTrader 5

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Indicator CRF (Cumulative Rotation Factor) displays the states of the market: Uptrends/downtrends/consolidation.

It has no configurable parameters:

Calculations:

CRF = PrevCRF

  • If High > PrevHigh:

    CRF = PrevCRF + 1

  • Otherwise, if High < PrevHigh:

    CRF = PrevCRF - 1

  • If Low > PrevLow:

    CRF = PrevCRF + 1

  • Otherwise, if Low < PrevLow:

    CRF = PrevCRF - 1

Color:

  • If CRF > PrevCRF, then color is green

  • If CRF < PrevCRF, then color is red

  • If CRF == PrevCRF, then color is gray


CRF – indicator MetaTrader 5
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Alternative:  HLR_HTF_Signal - indicator MetaTrader 5

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