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Pain.mq5 (10.39 KB) view

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Oscillator PAIN (Price Action Indicator) displays the OHL3C candlestick price ratio over a specified period of time.

It has two parameters:

Calculation:

Pain = (3*MA(Close) - MA(Open) - MA(High) - MA(Low)) / 2

where:

MA - moving average with the Period time period and the Method calculation method.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21108

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PAIN - indicator for MetaTrader 5