Volatility_Ratio – indicator MetaTrader 5
Indicator Volatility_Ratio is an attempt to find trading ranges and trend return points. It works within the range of 0.01-1.0 only. At the values above 0.5, it indicates the probability of the current trend reversal. It has one input parameter: Period – calculation period. Calculations: VR[i] = tr[i] / pr[i] where: tr[i] = Max(hl[i], hc[i], … Read more