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2015.10.12 14:53
FX5_SelfAdjustingMomentum

FX5_SelfAdjustingMomentum - indicator for MetaTrader 5

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Views:
601
Rating:
votes: 12

Real author:

FX5

Description:

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

Image:

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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