Name: Delta – indicator MetaTrader 5
Brand: RobotFX
SKU: 7941
Price: 4.89 USD
Availability: InStock
Rating: 4.2 (86 reviews)

The Delta indicator draws two lines:

Red – the bar average price line (OHLC)/4;
Green – the line of the decimal logarithm of the current to previous (OHLC)/4 prices ratio.

The indicator has no input parameters.

Calculations:

Delta = Price + Diff

where:

Diff = Log10(PrevPrice / Price)
Price = (Open + High + Low + Close) / 4.0

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Delta – indicator MetaTrader 5