Download MetaTrader 5

Watch how to download trading robots for free

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2016.07.01 10:51
Klinger Oscillator KVO

Klinger Oscillator KVO - indicator for MetaTrader 4

| English Español Português 日本語 Deutsch Русский

Views:
5817
Rating:
votes: 3
KVO.mq4 (2.75 KB)view

This oscillator based on turnovers has been developed by Stephen Klinger.

Description:

The oscillator is calculated in seven steps:

  1. The average typical price is calculated - (H+L+C)/3
  2. If the current typical price is greater than the average typical price of the previous bar, the turnover of the current bar gets a "plus" sign
  3. If the current typical price is less than the average typical price of the previous bar, the turnover of the current bar gets a "minus" sign
  4. A 34-period EMA of the turnover obtained in steps 2 or 3 is calculated
  5. A 55-period EMA of the turnover obtained in steps 2 or 3 is calculated
  6. The 34-period EMA is subtracted from the 55-period EMA; the result is plotted on the chart as a histogram
  7. The EMA of the difference obtained in step 6 is calculated and plotted on the chart


Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/8677

Accelerator Oscillator (AC) Accelerator Oscillator (AC)

The Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force.

Average Directional Movement Index (ADX) Average Directional Movement Index (ADX)

The Average Directional Movement Index Indicator (ADX) helps to determine if there is a price trend.

LinesProfitLoss LinesProfitLoss

Calculates profit (loss) of the current orders on the symbol.

FFC - Forex Factory Calendar FFC - Forex Factory Calendar

Modified version of FF Calendar Indicator with new features.