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Published:

2012.08.22 08:27

Updated:

2016.11.22 07:32

momentum_color_fill.mq5 (3.51 KB) view

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The Momentum Technical Indicator measures the change of price of a financial instrument over a given time span. Momentum is calculated as a ratio of today’s price to the price in periods ago.

When the momentum indicator is above/below the "line level", it is filled with color. The additional input parameter is "line level" to determine the color to fill the indicator.

Momentum Color Fill

QEMA

QEMA - Quadruple Exponential Moving Average.

PEMA

PEMA - Pentuple Exponential Moving Average.

ExtObjects

Dedicated functions to read and write object properties.

EAX_Mysql - MySQL library

This library allows an easy interface to MySQL.

Momentum Color Fill - indicator for MetaTrader 5