Aggressiveness Indicator: Average Candlestick Movement per Period

Summary

The Aggressiveness indicator measures an instrument’s average movement in points per candlestick over a configurable number of recent periods. It counts movement regardless of direction, so it describes typical candle movement rather than whether price is trending upward or downward.

The document attributes the indicator to Trofimov Evgeniy Vitalyevich and notes that an earlier MQL4 implementation was published in 2009. It offers no formula, worked example, comparison with other volatility measures, or trading results. The description therefore supports a basic interpretation of the indicator, but does not explain how to set its period or use its readings in a trading system.

Key ideas

• The indicator estimates average movement in points per candlestick over a chosen lookback.
• Its measure ignores movement direction.
• The description does not provide a calculation formula or usage rules.
• The document reports an MQL4 publication in 2009 but supplies no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.