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LeManTrend indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=7634
Forum: 17 · Topic 7634 · 2 post(s)
LeManTrend indicator
Alexander.Gettinger · Wed Oct 26, 2011 11:59 am
This indicator is a ported MQL5 indicator from http://www.mql5.com/ru/code/563 (in Russian).
Formulas: Bulls - MA of HH, Bears - MA of LL, where HH(i)=3(High price(i))-High(x-Min,x)-High(x-Middle,x)-High(x-Max,x), LL(i)=Low(x-Min,x)+Low(x-Middle,x)+Low(x-Max,x)-3(Low price(i)).
Download:
For this indicator must be installed AVERAGES indicator (viewtopic.php?f=17&t=2430).
Re: LeManTrend indicator
Apprentice · Mon Mar 05, 2018 2:21 pm
The Indicator was revised and updated.