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You liked the script? Try it in the MetaTrader 5 terminal
CC - indicator for MetaTrader 5
- Views:
- 6519
- Rating:
- Published:
- 2018.06.16 10:06
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John Ehlers Cyclic Component Oscillator.
It has two input parameters:
- Period - calculation period;
- Applied price - price used for calculations.
Calculations:
Cyclic Component [i] = (HP[i] + 2*HP[i-1] + 2*HP[i-2] + HP[i-3])/6,
where:
HP[i] = (Price[i] - Price[i-1])*(1 + Alpha)/2 + 2*Alpha*HP[i-1], Alpha = (1 - sin(2*Pi/Period))/cos(2*Pi/Period)
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20568
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