Average Change as a Price Impulse and Volatility Indicator
Summary
Average Change is described as an indicator for assessing the force of a financial asset’s price movement. It is intended to show price impulse and provide an indication of market volatility. The note attributes the indicator to MT-Coder and says it uses smoothing classes from a separate library, which must be installed in the platform’s include folder.
The material offers only a brief conceptual description. It does not explain the indicator’s formula, parameter choices, signal interpretation, or how to incorporate it into a trading strategy. It also presents no chart evidence, tests, or performance results. As a result, the idea may be useful as a pointer to a momentum or volatility measurement, but readers would need the original implementation or further documentation to understand its behavior and assess whether it adds information beyond standard price-change measures.
Key ideas
- Average Change is presented as a measure of price impulse and asset force.
- The indicator is also intended to convey the degree of market volatility.
- It depends on smoothing classes from a separate platform library.
- The note provides no formula, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.