Watch how to download trading robots for free
Find us on Facebook!
Join our fan page
Join our fan page
You liked the script? Try it in the MetaTrader 5 terminal
Channel_Balance - indicator for MetaTrader 5
- Views:
- 5712
- Rating:
- Published:
- 2018.08.23 13:01
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
Channel Balance oscillator displays the difference between the median price ((High+Low)/2) and the price channel for a selected period.
It has one configurable parameter:
- Period - price channel calculation period
Calculation:
CB = 100 * SMA(T, Period)
where:
T = (Median price - Min) / Range Range = Max - Min Max, Min are the highest and lowest prices within the Period interval
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/21432
FX_Trend
FX Trend trend-following indicator
Doji_ArrowsThe indicator finds Doji candlesticks and highlights them on the chart.