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how to use this indicator??
how to use this indicator??
I don't know!
Thank you Codersguru...I am not sure how to implement this indicator in my stragedy yet. I am definately going to test it. Thanks
Ppo
I wrote one a long time ago for someone else on the forum. I don't know where it went so I'll just repost it.
- nittany1
Thanks again for sharing such great stuff nittany1, take care and be a great dad for your seven month's baby.
Cheers mate
Ethan Hunt
Working Percentage Price Oscillator using hma for smoother result
I wrote one a long time ago for someone else on the forum. I don't know where it went so I'll just repost it. - nittany1
Hi,
thank's for your indi...but I would like PPo with simple mov averages....can you code it?
thank's in advance
May be you can help me for other thing...if you want...:
I would like to transfer some my formulas from metastock to metatrader 4.
Here it is the first:
NAME: CYCLE 32
Period:=16;
Velo1:= Mov(C,period,S);
Velo2:= C - Velo1;
Velo5:= Ref(Velo2,-period);
Velo6:= Velo2 - Velo5;
MMVelo:= Mov(Velo6,period/2,S);
MMVelo;
explanation:
period is the number of bar
C is the close
MOV is the moving average and S is simple
ref is the number of bar previous
in the new mt4 formula I would like have an input for the number of bar and for the color.
Can I put 2 cycles in the same windows?for example 32 and 64?
thank's in advance
Another thing:
on all time frames I use a SMA 15 ...so...one of my tool is the distance of low-high from this SMA.
here it is:
DISTANCEHL15:=If(Mov(C,15,S)>H,-1*((Mov(C,15,S)-L)*100)/L,If(Mov(C,15,S)<L,((H-Mov(C,15,S))*100)/Mov(C,15,S),0));
TRENDLINE:=0;
DISTANCEHL15;
TRENDLINE;
explanation:if sma is above H,plot the distance from SMA and low
if sma is below L,plot the distance from H and SMA.
when the rubber band is too pulled....price comes back to the SMA...