Looking to code simple open-close indicator

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I have spent ages tring to find simply indicator.

Its (today's open price - today's close price)/today,s open

and average of the last 14 days

also as a second line previous close price-today's open price or

Here is better explanation

> > This indicator has two lines. The Public Buying (green line) at the
beginning of the day and the Professional Buying (red line) at the end of
the day.
> >
> > This technique is to create two Advance/Decline lines.
> >
> > The Public Advance/Decline line is constructed by using the change from
yesterday's closes to today's open.
> >
> > The professional Advance/decline line is constructed by using the change
from today's open to today's close.
> >
> > The lines are calculated by taking a moving average, normally 14-days,
of the results.
> > This study is only for daily charts and can be used to highlight
divergences between the Professional Advance/Decline (red line) and the
price. The common interpretation of this study is if the Professional line
(red) goes below the Public line (green) it is a sell signal and if the
Professional line (red) goes above the Public line (green) it is a buy
signal.

Any idea where can I find it

Thanks a lot for a help
 
fmsignal: 

Any idea where can I find it

You an probably find it here: https://www.mql5.com/en/job
 
This fo
RaptorUK:
You an probably find it here: https://www.mql5.com/en/job

Isn't your link for mq5?
 
fmsignal:
This fo
Isn't your link for mq5?
Nope, you can post jobs for MT4 or MT5.
 
fmsignal:

also as a second line previous close price-today's open price


This equation result can be 0 or way too TINY to be useful as AN indicator.

Can you possibly explain how you get to use this on daily basis..

how did your "Professional Line" cross this non-professional line. thx.

 

I found it. No use to me. Mybe you guys can improve it.

It is supposed to show the change in price between open price and close price

And also show the change in price between last close and todays open.

This way you see who is driving the price, give that RTH = smart money and retail traders trade rest of the day.

Plotted, the indicator behaves similar to stochastics. No much use

Files:
close1_open_close.mq4  3 kb
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