Lopez Efficiency 2.0
Metatrader 技术指标 (MT4/MT5)
-
ℹ 概述
This indicator analyzes how efficient is the current market movement based on the true high-low ratio of a certain number of bars.
The indicator displays how many typical true ranges has the market moved during the desired number of bars. The typical true range is the average true high-low range from the last number of bars, which is later compared with the absolute market movement during the same period of time. The indicator ratio gives you a measure of market efficiency, as a ratio between the range and the market movement. Zero means the market is not efficient and is going nowhere.
- The ratio is the effectiveness of the market movement
- A ratio below 1 means the market is going nowhere
- A ratio above 1 means the market is starting to show directionality
- A ratio above 2 means the market is showing effective movement
- A ratio above 3 means the market moved too much: it will halt or retrace
It has straightforward trading implications.
- Look for positional opportunities when the line is red
- Look for range trading opportunities when the ratio is orange
- Look for trend trading opportunities when the ratio is blue
- ≡
输入参数
将专家加载到任何图表时,您将收到一组选项作为输入参数。不要绝望,如果你认为他们是太多,因为参数被归类成不言自明的块。
- Period
- Amount of bars used to calculate the market efficiency.
- ?
常见问题
- Does the indicator repaint?
- No, it does not repaint.
- Does the indicator implement alerts?
- No, it does not.