In my opinion, the method described by Sator has a right for the further continuation.
The MUV% indicator calculates the current position between the maximum and minimum within the KPeriod period using the calling of the MUV.
At that, there is a possibility to use both the difference between the current and the previous value of the MUV and its value itself.
The MUV_Diff indicator is just the difference of the MUV values.
MAPeriod = 14; the period of the MUV indicator;
SMA and EMA are used in both indicators.
On the chart: the MUV with 0 and 1 methods.
The next one is the MUV% with disabled ShowDif.
Then comes the MUV% with disabled ShowMUV.
And the last one is the MUV_Diff.
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8549
This version of ZigZag can simultaneously display three zigzags both drawn on the data from the current timeframe and on the data from the larger timeframes.Percenter.mqh - Calculator-Script
The script is the calculator of the simple, complex, nominal and continuously charged percents.
This indicator plots in the chart base on the tick price , ie. when the price moves down 10 pips it plots the down candle and wait till the next 10 pips if move up 10 pips it plots the up candle with the other color candle to indicate the up down priceA System: Championship 2008 Revised Edit
Automatic Trading System