Cauchy derivative – indicator for MetaTrader 5
The red flag reveals the variation in the determined worths of the existing pub as well as the previous pub.
Determined worth is actually the variation in between the expected value as well as mathematical way of the rate.
The rate is actually computed depending on to the formula: ( O+H+L+C)/ 4, where О– pub Open up rate, Н– pub Higher rate, L– pub Affordable price, С– pub Near rate.
The red flag setups:
- time period– red flag time period for estimation useful.