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AggM - indicator for MetaTrader 4
- Views:
- 21412
- Rating:
- Published:
- 2010.12.10 14:44
- Updated:
- 2014.04.21 14:55
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Description:
AggM is a composite trend and mean-reversion indicator.
The calculation:
rank_long = PercentRank(10 period HLC, Close)
rank_short = 1 - PercentRank(200 period HLC, Close)
value = (rank_long + rank_short) / 2
AggM = (value[1] * 0.4)+(value[0] * 0.6)
Strategy:
Long above 0.7, Short below 0.2
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