variable

Variable Index Dynamic Average (VIDYA) – indicator MetaTrader 5

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Variable Index Dynamic Average Indicator
Variable Index Dynamic Average (VIDYA) technical indicator was developed by Tushar Chande. It is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging. Period of averaging depends on the market volatility; as the measure of volatility Chande Momentum Oscillator (CMO) was chosen. This oscillator measures the ratio … Read more

Larry Williams’ Variable Accumulation Distribution (WVAD) Indicator – indicator MetaTrader 5

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Larry Williams' Variable Accumulation Distribution (WVAD) Indicator - indicator for MetaTrader 5
Albeit forex with major pairs does not have volume information, one of the most used indicators where this information is available is Williams’ Variable Accumulation Distribution, or WVAD for short. It’s basic mathematical definition is: While signal of (close-open) represents direction (positive for uptrend, negative for downtrend), it quantifies the amount of volume needed to … Read more

Regression Channel with variable polynomial degree – indicator MetaTrader 5

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Regression Channel with variable polynomial degree - indicator for MetaTrader 5
07.07.2022 V.2.10 added extrapolation 17.04.2020 Updated the indicator to the version 2.0. Changes: greatly improved calculation accuracy, added trend colors V1.2 A quick port for MT5. Real authors: original by Boris: https://www.mql5.com/en/code/8417 V1.1 by graziani: https://www.mql5.com/en/code/11749 i-Regr: Polynomial Regression Channel consists of two parallel lines, equidistant up and down from the line of polynomial regression trend. The distance between frame of … Read more