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Vertical Horizontal Filter (VHF Study)

 

Formula:   Here is the forumula for calculating the VHF study

                                                                     Highest close - Lowest close
                                                           --------------------------------------
                                                                               term close(i) - close(i-1)
                                                            SUM ABS ------------------------
                                                                                         close(i-1)

Parameters:

Period:  Period with which to base the VHF Calculation

Arguments:

OHLC or output indicator from another study.

Output Indicators:

VHF

Example:

Study Name Expanded in a 3 minute timeframe:

I3_VHF10)(Close)_I3

This study calculates VHF study with a period of 10 on the 3 minute time frame, using the close of the 3 minute bar as input argument

The output indicators names are appended to the studyname, that is if the studyname is sn1 then the outputindicator is

sn1::VHF

 


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