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Indicators

FX5_SelfAdjustingMomentum - indicator for MetaTrader 5

Nikolay Kositsin | English Русский 中文 Español Deutsch 日本語 Português

Views:
1705
Rating:
votes: 13
Published:
2015.10.12 14:53
Updated:
2016.11.22 07:32

Real author:

FX5

The Momentum oscillator with the boundaries of the overbought/oversold areas in the form of Bollinger Bands.

Indicator input parameters:

input uint Length=12; // Momentum period   
input ENUM_APPLIED_PRICE   MomentumPrice=PRICE_CLOSE; // Price type of Momentum timeseries
input double BandsDeviation=2.0; // Deviation
input bool MA_Method=true; // Use smoothing for Bollinger Bands
input int Shift=0; // Horizontal indicator shift in bars

Fig.1. The FX5_SelfAdjustingMomentum indicator

Fig.1. The FX5_SelfAdjustingMomentum indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/13666

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