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Projection_Oscillator - indicateur pour MetaTrader 5
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- 3812
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- Publié:
- 2018.08.23 13:41
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Projection_Oscillator is based on Projection_Bands. Unlike the original indicator, it displays the line in a separate window with overbought/oversold levels.
The indicator has three input parameters:
- Period - calculation period;
- Overbought - overbought level;
- Oversold - oversold level.
Calculation:
PO = 100 * (Close-DnBand) / (UpBand-DnBand) UpBand = Max(High, PrevHigh*SlopeHigh) DnBand = Min(Low, PrevLow*SlopeLow)
where:
- SlopeHigh - regression line slope of High prices in the Period range;
- SlopeLow - regression line slope of Low prices in the Period range.
Fig. 1. Projection Oscillator
Fig. 2. Projection Oscillator + Projection Bands
Traduit du russe par MetaQuotes Ltd.
Code original : https://www.mql5.com/ru/code/21546
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