VERTICAL-HORIZONTAL FILTER

VERTICAL-HORIZONTAL FILTER

Type: Function, Name: VHF_ESD

Inputs: Length(NumericSimple);

Vars: Counter(0),
CloseDiff(0),
SumDiff(0);

CloseDiff = 0;
SumDiff = 0;

For Counter = 0 to Length — 1 Begin
CloseDiff = AbsValue(Close[Counter] — Close[Counter + 1]);
SumDiff = SumDiff + CloseDiff;
End;

If SumDiff = 0 Then SumDiff = 1;

VHF_ESD = (Highest(Close, Length) — Lowest(Close, Length)) / SumDiff;

Type: Indicator, Name: VHF Indicator

Inputs: Length(28);

Plot1(VHF_ESD(Length), «VHF»);

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