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Dear Coders,
I'd be looking to create the 3 indicators in mql5 I mentioned the other day:
They 3 separate indicators (3 source codes): each is loaded and plotted separately below the chart just like the ATR indicator.
Names and functions of indicators
1. Speed indicator: the distance between actual price and its moving average in points (calculated at the same time). The moving average period is manually selected. This is similar to ATR indicator.
2. Power indicator: number of times bar closed above moving average minus the times bar closed below the moving average. The manual selection is the number of bars to calculate. This count function is overridden by the following option: Count from start of intraday: Yes/No, so bar count starts from 00:00 of the current day (only possible for 12h timeframe and lower).
3. Imbalance indicator: number of times bar closed bullish Sum(Bar(close(n))>Bar(open(n))) minus number of times bar closed bearish Sum(Bar(close(n))<Bar(open(n))). The manual selection is the number of bars to calculate. This count function is overridden by the following option: Count from start of intraday: Yes/No, so bar count starts from 00:00 of the current day (only possible for 12h timeframe and lower).
Thanks
Mike
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