The Cauchy Derivative Metatrader 4 indicator displays the difference in values of the previous and the current bar.
Formule: (0+H+L+C)/4
Free Download
Download the “cauchy_derivative.mq4” MT4 indicator
Example Chart
The EUR/USD H1 chart below displays the Cauchy Derivative MT4 forex indicator in action.
Basic Trading Signals
No trading signals from this indicator.
Download
Download the “cauchy_derivative.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern
Customization options: Variable (period) Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: price value
Installation
Copy and paste the cauchy_derivative.mq4 indicator into the MQL4 indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)