HVR – indicator MetaTrader 5

Figure 1. The HVR indicator
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. This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 10.02.2008. Figure 1. The HVR indicator HVR … Read more

HVR – indicator MetaTrader 5

HVR - indicator for MetaTrader 5
Oscillator Historical Volatility Ratio is a volatility indicator based on the “yesterday” / “today” price ratio It has four configurable parameters: First deviation period – first standard deviation calculation period Second deviation period – second standard deviation calculation period Applied price – calculation price Threshold – “low” volatility threshold Calculation: HVR = StdDev1 / StdDev2 … Read more