A non-normalized oscillator implemented in the form of a color histogram.
The formula for the calculation:
iAnchMom = 100 * ( ( SMA (SMAPeriod, bar ) / SMA ( SMAPeriod, bar ) ) - 1.0 )
Originally this indicator has been written in MQL4 and was first published in the Code Base at mql4.com on 02.11.2007.
Figure 1. The iAnchMom indicator
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/2045
The BlauSMStochastic indicator with the timeframe selection option available in input parameters.Demo_IndicatorSetDouble
Example of using IndicatorSetDouble() function. This is an indicator that turns upside down the maximum and minimum values of the indicator window and values of levels, on which the horizontal lines are placed.