A trend oscillator. It is calculated by the following formula:
It has four configurable parameters:
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19887
The indicator searches for a sequence of candlesticks on a chart and marks bullish and bearish sequences.Difference
The Difference indicator shows the difference between the current prices and prices as of N periods ago.