fxcodebase-backup
Ulcer Index
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=47357
Forum: 17 · Topic 47357 · 9 post(s)
Ulcer Index
Apprentice · Mon Jul 08, 2013 2:22 pm
Developed by Peter Martin and Byron McCann in 1987, the Ulcer Index is a volatility indicator that measures downside risk. It’s designed as a measure of volatility, but only volatility in the downward direction, i.e. the amount of drawdown or retracement occurring over a period. Many consider the Ulcer Index superior to the standard deviation and other measures of risk.
The indicator was revised and updated
Re: Ulcer Index
Coondawg71 · Mon Jul 08, 2013 4:07 pm
Thanks Apprentice, this will be a very useful indicator!!!
I will post a request for a MTF MCP Ulcer Index Table List in the appropriate forum.
Thanks for all your time and effort!
sjc
Re: Ulcer Index
Apprentice · Tue Jul 09, 2013 5:21 am
Re: Ulcer Index
JDFXUK · Tue Jul 09, 2013 2:31 pm
Hi, is it possible to create a ‘ Price Inverse ‘ indicator , that I can apply to all pairs?
Example take the USD/JPY I would like it to be displayed as JPY/USD etc.
Thanks in advance. This will also allow me to apply the Ulcer Index to them that way.
Re: Ulcer Index
Apprentice · Wed Jul 10, 2013 6:17 am
I believe that we already have one or two Inverse indicators. viewtopic.php?f=17&t=34005&p=57805&hilit=Inverse # p57805
Applicable for standard Ulcer Index.
Unfortunately for MCP MTF this will not work. This must be hard coded from within indicator.
Re: Ulcer Index
Apprentice · Wed Jul 10, 2013 7:14 am
Invers option added. U have to download and reinstall both of indicators.
Re: Ulcer Index
JDFXUK · Sat Jul 20, 2013 7:49 am
Thank you for your help. Much appreciated.
Re: Ulcer Index
Alexander.Gettinger · Tue Aug 13, 2013 1:57 pm
MQL4 version of Ulcer Index: viewtopic.php?f=38&t=59083
Re: Ulcer Index
Apprentice · Fri Jun 09, 2017 8:33 am
The indicator was revised and updated.