Forex Wiki Trading > FX Ind > RelDownTrLen

RelDownTrLen

  • September 12, 2013
  • Posted by: Forex Wiki Team
  • Category: FX Ind
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RelDownTrLen [ ru ]
Author: Martes (2008.05.15 09:37)
Downloaded: 1500
Download:
RelDownTrLen 1
 RelDownTrLen_forCodeBase_v01.mq4 (7.5 Kb) View
The indicator displays the ratio between the length of the current down-trend (in bars) and the total length of the period barsToProcess (of course, in bars, as well) where the down-trend is searched for. You should manually fix minimum at 0 and maximum at 1 when attaching this indicator to a chart. Immediately after it has been attached to the chart, the indicator shows only one value, which graphically looks as a not really noticeable point. As new bars become available, the indicator chart becomes more visible. To get acquainted with the indicator, you may attach it to a one-minute chart and eye its work for no less than several minutes..

RelDownTrLen 2
 

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Author: Forex Wiki Team
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