This code can be used across any instrument and time frame. However, the shorter the time the more chance of volatility and false signals like any other trend confirmation. Like most other indicators, it is not recommend for sole use, but rather as a trend confirmation tool to complement your strategy.
The first picture (Below) shows falling UI in the face of rising prices, while the second picture shows rising UI in the face of falling prices.
Dual Ulcer index - indicator MetaTrader 5 Ulcer index was originally meant to be used for something different than finding out the trend (the original calculation "...…
