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Ergodic Tick volume indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=60362
Forum: 17 · Topic 60362 · 2 post(s)
Ergodic Tick volume indicator
Alexander.Gettinger · Thu Feb 27, 2014 10:37 am
This indicator is a ported MQL5 indicator from: http://www.mql5.com/en/code/1920.
Formulas: ETVI = EMA(EMA(TVI)), Signal = EMA(ETVI), where TVI = EMA(TV), where TV = 100*(EMA_Up2-EMA_Dn2)/sum, EMA_Up2 = EMA(EMA(UpTicks)), EMA_Dn2 = EMA(EMA(DnTicks)), UpTicks = (Volume+(Close-Open)/pipSize)/2, DnTicks = Volume-UpTicks, pipSize - size of 1 pip.
The indicator was revised and updated Download:
Re: Ergodic Tick volume indicator
Apprentice · Fri Jun 02, 2017 6:41 am
Indicator was revised and updated.