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Published:

2018.06.06 12:46

JpOscillator.mq5 (13.61 KB) view

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This indicator is an oscillator calculated by the following formula:

JPO = MA(close[period] - (close[period-1]/2 + close[period-2]/2)) - (0 - (close[period] - close[period-4]))

The indicator has three input parameters:

Period - calculation period;
Method - calculation method;
Smoothing - enable or disable smoothing (Yes/No).

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20275

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