fxcodebase-backup
Dynamic High/Low Band Overlay
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=2094
Forum: 17 · Topic 2094 · 4 post(s)
Dynamic High/Low Band Overlay
Apprentice · Wed Sep 08, 2010 8:00 am
Written on request.
High Peak = ((highestY)X - (lowestY)X)+lowestY
Low Peak = highestY- ((highestY)X-(lowestY)X)
Basically creates the two bands (overlayed on the price chart) to show me different highs/lows from Y periods back, reduced by a certain number (X) which goes from 0 to 1 in incremental steps of 0.001.
The indicator was revised and updated
Re: Dynamic High/Low Band Overlay
Apprentice · Wed Sep 08, 2010 8:06 am
This version finds the minimum and maximum for a defined period. And from that moment for each past period narrows the width of the channel for a defined percentage.
Re: Dynamic High/Low Band Overlay
Alexander.Gettinger · Thu Jan 08, 2015 4:46 pm
MQL4 version of Dynamic High/Low Band Overlay: viewtopic.php?f=38&t=61686.
Re: Dynamic High/Low Band Overlay
Apprentice · Thu Aug 03, 2017 5:50 am
The indicator was revised and updated.