fxcodebase-backup

MVA Range indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=12169
Forum: 17 · Topic 12169 · 2 post(s)


MVA Range indicator

Alexander.Gettinger · Mon Jan 23, 2012 1:48 am

The indicator shows the range in which changed the MVA (simple moving average) during the each bar.

Formulas: MVA[i]=Sum[i]/Period, where Sum[i]=sum close prices in the range from (i-Period+1) to (i), Top of cloud=(Sum-Close+High)/Period and Bottom of cloud=(Sum-Close+Low)/Period.

MVA_Range.png

Download:

MVA_Range.lua

The indicator was revised and updated


Re: MVA Range indicator

Apprentice · Thu Mar 23, 2017 2:49 pm

Indicator was revised and updated.