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Indicators

Delta_Oscillator - indicator for MetaTrader 5

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1123
Rating:
votes: 8
Published:
2018.09.27 15:28

The Delta Oscillator indicator displays the difference in the Delta indicator lines as a histogram.

The indicator has no input parameters.

Calculations:

OSC = Price - Delta

where:

Delta = Price + Diff
Diff = Log10(PrevPrice / Price)
Price = (Open + High + Low + Close) / 4.0

Fig. 1. Delta_oscillator

Fig. 1. Delta_oscillator


Fig. 2. Delta_oscillator + Delta indicator

Fig. 2. Delta_oscillator + Delta indicator

Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/21712

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