Vertical Horizontal Filter (Indicator)
Input Information
Name | Expression | Default | Description |
Length | Numeric | 10 | The number of bars over which the efficiency is calculated. |
PriceH | Numeric | High | The price used to determine the Highest value over Length bars. |
PriceL | Numeric | Low | The price used to determine the Lowest value over Length bars. |
PriceC | Numeric | Close | The price used for summing up price changes from bar to bar over "Length" bars. |
Market Synopsis
The Vertical Horizontal Filter (VHF) indicator calculates the VHF value based on the prices passed in over the specified number of bars passed in as the length input
Plot Information
Number | Name | Default Color | Description |
Plot1 | VHFCalc | Yellow | Plots the VHF value. |
When applied to a chart, this indicator displays one plot in the same subgraph as the price data.