Vertical Horizontal Filter (VHF)
The Vertical Horizontal Filter (VHF) determines whether prices are trending. When the VHF is rising, it indicates the formation of a trend. Higher VHF values indicate a stronger trend. When the VHF is falling, it indicates the trend is ending and price is becoming congested. Very low VHF values indicate a trend may follow.
The Vertical Horizontal Filter was developed by Adam White.
Formula:
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