Author
ScriptorPublished date
Aug 23, 2018
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:
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
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...