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You liked the script? Try it in the MetaTrader 5 terminal
FX5_SelfAdjustingMomentum - indicator for MetaTrader 5
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- 3291
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- Published:
- 2015.10.12 14:53
- Updated:
- 2016.11.22 07:32
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Real author:
FX5
The Momentum oscillator with the boundaries of the overbought/oversold areas in the form of Bollinger Bands.
Indicator input parameters:
input uint Length=12; // Momentum period input ENUM_APPLIED_PRICE MomentumPrice=PRICE_CLOSE; // Price type of Momentum timeseries input double BandsDeviation=2.0; // Deviation input bool MA_Method=true; // Use smoothing for Bollinger Bands input int Shift=0; // Horizontal indicator shift in bars
Fig.1. The FX5_SelfAdjustingMomentum indicator
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13666
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