Cauchy derivative – indicator for MetaTrader 4

The indicator shows the difference in the estimated values of the current bar and the previous bar.

Estimated value is the difference between the arithmetic mean and geometric mean of the price.

The price is calculated according to the formula: (O+H+L+C)/4, where О — bar Open price, Н — bar High price, L — bar Low price, С — bar Close price.

The indicator settings:

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  • period — indicator period for calculation of values.

CADJPY chart, M15, 2016.08.26 18:19 UTC, InstaForex Group, MetaTrader 4, Demo

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