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Dominant color oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=59972
Forum: 17 · Topic 59972 · 3 post(s)


Dominant color oscillator

Alexander.Gettinger · Mon Nov 25, 2013 4:59 pm

The indicator helps to determine the dominant direction of closure of bars.

Formulas: DC = MA(Diff), where Diff = Close-Open.

Dominant_Color.PNG

Download:

Dominant_Color.lua

For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).


Re: Dominant color oscillator

Alexander.Gettinger · Mon Nov 25, 2013 5:00 pm

MQL4 version of oscillator: viewtopic.php?f=38&t=59973.


Re: Dominant color oscillator

Apprentice · Thu Sep 13, 2018 3:23 am

The indicator was revised and updated.