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- Views:
- 4322
- Rating:
- Published:
- 2018.06.06 13:12
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An indicator of Larry Williams' COT index
It has one input parameter:
- Period - calculation period
Calculation:
MovingAvg(Open-Close, bars used in average)/MovingAvg(Range,bars used in average)*50 + 50
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20335