i4_DRF_v3 – indicator MetaTrader 5

Real author:

goldenlion@ukr.net

A simple trend indicator with calculation of rise and fall in High and Low prices. Calculation formula:

i4_DRF_v2=100 * (Psum – NSum) / Period

where:

  • Psum — the number of candles per calculation period, which have a growth in High;
  • Nsum — the number of candles per calculation period, which have a growth in Low;
  • Period — calculation period.

Fig.1. The i4_DRF_v3 indicator

Fig.1. The i4_DRF_v3 indicator


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