fxcodebase-backup
Loco indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=31123
Forum: 17 · Topic 31123 · 2 post(s)
Loco indicator
Alexander.Gettinger · Fri Jan 18, 2013 5:36 pm
This indicator is a ported MQL4 indicators from viewtopic.php?f=27&t=27909
Formulas: Loco[i]=Loco[i-1], if Price[i]=Loco[i-1], Loco[i]=Max(Loco[i-1], Price[i](1-K)), if Price[i-1]>Loco[i-1] and Price[i]>Loco[i-1], Loco[i]=Price[i](1-K), if Price[i]>Loco[i-1], else Loco[i]=Price[i]*(1+K), where K=Coeff/1000.
Download:
The indicator was revised and updated
Re: Loco indicator
Apprentice · Thu Apr 27, 2017 4:18 am
Indicator was revised and updated.