Author
ScriptorPublished date
Jul 13, 2018
Oscillator Power displays the power of bulls and bears, as well as their ratio.
It has two configurable parameters:
Calculations:
Power = 100 * (BullPower - BearPower)
where:
BullPower = SMA(Bulls, Range)
BearPower = SMA(Bears, Range)
If High > EMA
Bulls = 1
Otherwise
Bulls = 0
If Low < EMA
Bears = 1
Otherwise
Bears = 0
EMA = EMA(Close, Period)
MSB Pro ALGO Position Risk Monitor is a free visual risk monitoring indicator for MetaTrader 5. The indicator analyzes currently open positions and displays their stop loss risk di...
MSB Pro ALGO Neon Account Dashboard is a free visual account monitoring panel for MetaTrader 5. The indicator displays important account and trading information directly on the cha...
The horizontal axis represents Renko sequence rather than time. The internal builder uses incoming BID ticks and the classic two brick reversal rule. The Donchian Channel is causal...