Watch how to download trading robots for free
Find us on Twitter!
Join our fan page
Interesting script?
So post a link to it -
let others appraise it
You liked the script? Try it in the MetaTrader 5 terminal
Views:
2655
Rating:
(8)
Published:
2018.06.06 13:35
PR.mq5 (9.09 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This oscillator indicator displays the percentage ratio of prices and candlestick sizes in a given range.

It has two parameters:

  • Period - calculation period (the range)
  • Use last period - set the beginning of the range on the current candlestick (true) or the preceding one (false)

Fig.1. Use last period = true


Fig.2. Use last period = false

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20377

PPMCC PPMCC

Pearson product-moment correlation coefficient

Positive_Negative_Volume Positive_Negative_Volume

An indicator of volumes relative to the positive/negative price increment

Prevailing_Trend Prevailing_Trend

An indicator of the prevailing trend.

PVI PVI

Positive Volume Index