Indicator PVO (Percentage Volume Oscillator) represents a momentum for the volume. It calculates the difference in the percents of large MA between two moving averages based on volumes.
It has ten configurable parameters:
Signal = MA(PVO, Signal period, Signal method) Histogram = PVO - Signal
Calculation mode Absolute:
PVO = ShortMA - LongMA
Calculation mode Relative:
PVO = (FastMA - SlowMA) / SlowMA
FastMA = MA(Volume, Fast MA period, Fast MA method) SlowMA = MA(Volume, Slow MA period, Slow MA method)
Volume - tick volume
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21165
Indicator MPO (Midpoint Oscillator) displays price movement without its trend component around its centerpoint. It is displayed as two lines: Price movement line and signal line. Centerline (MidPoint) is zero level of the oscillator.LeManStop
Trend-following indicator LeManStop is a representative of system LeMan and displays Stop Loss levels for the existing positions in the chart. It draws two Stop Loss lines for Long and Short positions, displayed in different colors.