Market Change Cycles MT5 - indicator for MetaTrader 5 Market Change Cycles - an enhanced version of the Stochastic Oscillator, which calculates the position of Close not only in relation to MaxHigh and MinLow, but also displays the difference between them from the opening price, which allows you to take market volatility into account when creating a strategy. Version for MT4 - https://www.mql5.com/en/code/25992
The modern financial market is an example of a "natural" complexly balanced system. On the one hand, the market is pretty chaotic, because it is influenced by a large number of participants. On the other hand, the market is characterized by definite stable processes, which are determined by the market participants' actions. One of econophysics tasks concerns the description of social interaction processes, which form the price dynamics observed on the ...