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Building customised indicators to calculate value

MQL5 Indicators

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Execution time 1 day
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Very reliable developer, quick and willing to help solve problem afte job completion.
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Very nice working experience

Specification

Hi,

I would like someone's help to develop a customised indicator to calculate value,  used in mt5. And it should be able to be imported into EA builders. 


The logic is quite simple, Formula as below:

Indicator ER (XX-XX)

ER (1-20) = absolute value (1st bar closing price -20th bar closing price) / (absolute price change bar1+ absolute price change bar2+……. + absolute price change bar 20)


Notes: ER(1-20), the 1, and the 20 is an input variable. Bar counted: the current bar is 0, the one previous is bar 1 etc. , using the current timeframe selected.

absolute price change bar 1, means (closing price -opening price ) of bar 1.


Thanks



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Project information

Budget
30+ USD
Deadline
to 10 day(s)