Source code library - Expert Advisors, Indicators and Scripts
Try product
Torque
Author: achidayat
ScriptLimit Stop Order Script
Author: Rone Subscribe to signal
AndreyS 2
184.33%, 25 850.23 USD Screenshot
EURUSD., H1
Real
OpenCL: The Bridge to Parallel Worlds
- Published by:
- biantoro
- Downloads:
- 955
- Views:
- 2372
- Rating:
- votes: 8
- Files:
Description:
The indicator values are calculated by this formula :
- For first period (red color) = (Close - LowValue) / (HighValue - LowValue)
The value is between 0 - 1.
The higher value means uptrend, the lowest value means downtrend, value in the middle means sideway.
- For second period (blue color) = (Close - LowValue)*-1 / (HighValue - LowValue)
The value is between -1 - 0.
The higher value means downtrend, the lowest value means uptrend, value in the middle means sideway.
where :
- HighValue - the highest high for n period;
- LowValue - the lowest low for n period;
Input parameters:
- InpPeriod1 - First period for calculating trend;
- InpPeriod2 - Second period for calculating trend;
Image:
Go to discussion