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Freedom of Movement oscillator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=62457
Forum: 17 · Topic 62457 · 2 post(s)
Freedom of Movement oscillator
Alexander.Gettinger · Fri Jul 24, 2015 10:09 am
Formula: FoM[i] = (vByM[i]-avF)/sdF, where sdF - StdDev(vByM) with [Period] number of periods, avF - MA(vByM) with [Period] number of periods and [Method] type, vByM = Vol/Move, Vol = 1+9(RV-MinV)/Abs(demonV), demonV = MaxV-MinV, MaxV, MinV - maximum and minimum values of RV at range from [i-Period+1] to [i], Move = 1+9(aMove-MinM)/Abs(demonM), demomM = MaxM-MinM, MaxM, MinM - maximum and minimum values of aMove at range [i-Period+1] to [i], aMove[i] = Abs(Close[i]-Close[i-1])/Close[i-1], RV = (Volume-av)/sd, sd - StdDev(Volume) with [Period] number of periods, av - MA(Volume) with [Period] number of periods and [Method] type.
Download:
For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430). For this indicator must be installed StdDev indicator viewtopic.php?f=17&t=870&hilit=STDDEV
The indicator was revised and updated
Re: Freedom of Movement oscillator
Apprentice · Tue Jul 04, 2017 9:40 am
The indicator was revised and updated.