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metotron
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Hi all! I have found very interesting indicator -Volatility Quality. This indicator was made for Metatrader but main idea was taken from Tradestation. Tradestation code: Variables: VQI(0), SumVQI(0), aver(0); If TrueRange <> 0 and (High - Low) <> 0 Then VQI = ((Close - Close[1]) / TrueRange + (Close - Open) / (High - Low)) * 0.5 Else VQI=VQI[1]; VQI = AbsValue(VQI) * ((Close - Close[1] + (Close - Open)) * 0.5); SumVQI = SumVQI + VQI; Plot1(SumVQI,"VQ"); Plot2(Average(SumVQI,5),""); Plot3(Average(SumVQI,200),""); But Metatrader's code shows points for enter and exit more sharp and can use different time frames same time Can somebody recode TS code like in MT? (without alerts, email - only main functions) thanks!!! VQ.mq4
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Hi all! Some times ago i read about ORB by Don Bright. As i know he uses Fair Value and Beta for calculation but i know the FV formula but i can't understand what he uses Beta and how he findes points for buy and sell orders. Is there anybody who can describe it? Great Thanks! Max