The FTOR indicator is a fast tick oscillator. Reflects the trends of price movement over a short period of time. Calculated based on tick data. Takes values from -100 to 100.
The indicator has three input parameters:
- Period – time interval for price analysis in seconds;
- Smoothing-indicator smoothing parameter (positive number);
- Ticks To Draw – the number of past indicator values displayed on the chart. If the parameter is zero, the value is set equal to the number of bars visible on the chart.