The logarithmic rate of return, or the increment of price logarithms - indicator for MetaTrader 4

The logarithmic rate of return, or the increment of price logarithms – indicator MetaTrader 4

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This indicator can be useful for arbitrageurs. The formula for the calculation of the indicator:

ln(C/O) = ln(C) – ln(O)

where C — is the Close, and the O — Open.

For more information about the logarithmic rate of return read the article “Market invariants, or why the trader needs logarithms”:


The logarithmic rate of return, or the increment of price logarithms – indicator MetaTrader 4
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