Range_Volume_Ratio_S – indicator MetaTrader 5

Fig.1. Calculations by Open/Close, one color
Smoothed Range Volume Ratio is an oscillator based on indicator Range_Volume_Ratio. It shows in a separate window, as a histogram, the candlestick size / tick volume ratios by two parameters: Difference between Open and Close; Difference between High and Low. It also displays a signal line plotted by the method of smoothing the histogram values. … Read more