Silence – indicator MetaTrader 5

Fig.1 The Silence indicator
The real author: Trofimov Evgeniy Vitalyevich The indicator displays the market activity. Average line is the aggressiveness percentage (rate of price change). Red is a volatility percentage (corridor value). The Silence indicator demonstrated one of the variants of normalization of any indicators. I.e. bringing the indicator that changes in an unlimited interval to the form when … Read more

Silence – indicator MetaTrader 5

Silence - indicator for MetaTrader 5
The Silence indicator displays aggressiveness (price change rate, the blue line) and volatility (the red line) in a separate window. The indicator has three input parameters: Period – calculation period; Interpolation – interpolation period; Applied price – price used for calculations. Calculations: Aggressiveness = InterpolationAggress Volatility = InterpolationVolatil where: InterpolationAggress = (0 – (MinAggress – … Read more