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Gopalakrishnan_Range_Index

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=69327
Forum: 17 · Topic 69327 · 1 post(s)


Gopalakrishnan_Range_Index

Apprentice · Sat Jan 18, 2020 5:55 am

GBPUSD D1 (01-18-2020 1002).png

Gopalakrishnan indicator or GAPO for short is a measurement of market volatility. The indicator is calculated over a set time period (default 5 days) using only price action. Developed by Jayanthi Gopalakrishnan which is based on Mandelbrot’s work, to measure the dynamic character of the financial markets.

Gopalakrishnan_Range_Index.lua