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Real Value

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=72180
Forum: 17 · Topic 72180 · 4 post(s)


Real Value

Apprentice · Mon May 16, 2022 5:56 am

USDJPY D1 (05-16-2022 1253).png

This indicator is my attempt to estimate the real market value. The idea was to create something that is better fitted than moving average.

The indicator moves up, if the price is above it and also moves up, and down, if the price is below it and also moves down, with speed proportional to the average of differences between minimums and maximums of bars from the Period given as a parameter.

Real Value.lua

GER30 H4 (05-18-2022 1251).png

MTF MCP Real Value Heat Map.lua

GER30 H4 (05-18-2022 1313).png

Price Real Value Convergence Divergence.lua


Re: Real Value

Sospool · Mon May 16, 2022 8:32 am

Interesting, thanks


Re: Real Value

Apprentice · Wed May 18, 2022 5:54 am

MTF MCP Real Value Heat Map.lua added.


Re: Real Value

Apprentice · Wed May 18, 2022 6:14 am

Price Real Value Convergence Divergence.lua added.