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Published:

2010.12.10 14:44

Updated:

2014.04.21 14:55

AggM.mq4 (3.13 KB) view

Download as ZIP, How to download code from MetaEditor

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Description:

AggM is a composite trend and mean-reversion indicator.

The calculation:

rank_long = PercentRank(10 period HLC, Close)
rank_short = 1 - PercentRank(200 period HLC, Close)
value = (rank_long + rank_short) / 2
AggM = (value[1] * 0.4)+(value[0] * 0.6)

Strategy:

Long above 0.7, Short below 0.2

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Description: