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
LWMA_MA - indicator for MetaTrader 5
- Views:
- 4904
- Rating:
- Published:
- 2018.12.28 12:59
- Updated:
- 2019.01.17 11:29
- Need a robot or indicator based on this code? Order it on Freelance Go to Freelance
LWMA/SMA ratio oscillator is a colored histogram defining the difference between two moving averages - a simple and a linear-weighted one.
It has one input parameter:
- Period - calculation period
Calculations:
DMA = (LWMA / SMA)-1.0
where:
LWMA - linear-weighted МА with a Period value
SMA - simple МА with a Period value
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/22799
Normalized_Intraday_Intensity_Oscillator
Indicator Normalized Intraday Intensity Oscillator
RSI_Oscillator_HistoRSI Histogram Oscillator