Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=33542
Forum: 17 · Topic 33542 · 3 post(s)
Apprentice · Tue Mar 19, 2013 2:03 pm

DI = (MAofHigh-MAofLow)/(MAofHighNPeriodAgo]-MAofLowNPeriodAgo) Any value less than 1 is a strong indication that valid damping behavior has been detected.
The indicator was revised and updated
Alexander.Gettinger · Fri Jun 06, 2014 3:49 pm
MQL4 version of Damping index: viewtopic.php?f=38&t=60801.
Apprentice · Mon Jun 19, 2017 7:56 am
The indicator was revised and updated.