Effort_Result – indicator MetaTrader 5
Effort Result oscillator displays correlation of the price change speed to the maximum volume for the specified time interval. It has one configurable parameter: Period – calculation period Calculation: ER = ROC / MaxVol where: ROC = 100.0 * (Price / Price[Period]-1) Price = SMA(Close, Period) MaxVol – maximum volume in the Period range The … Read more