Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=39716
Forum: 17 · Topic 39716 · 9 post(s)
Apprentice · Mon Jun 03, 2013 12:10 pm

Indicator Will show percent position of the closing price within the range for last N periods, which have preceded.
The indicator was revised and updated
sho-me-pips · Wed Jun 26, 2013 12:39 pm
Would you modify this indicator or create a new indicator. Scale the numbering from 50% as 0.
100% = 10 0% = 10
I believe the math is: if > 50% (50%-PR)/PR10 elseif < 50% -(50%-PR)/PR10
Thank you in advance. This has been a very useful indi so far…
Apprentice · Fri Jun 28, 2013 2:26 am
Your request is added to the development list.
Apprentice · Sun Jun 30, 2013 11:32 am

sho-me-pips · Sun Jun 30, 2013 11:25 pm
The formula works perfectly in excel.
You are correct, after looking closely at the formula, these are the changes I made and it is working perfectly.
Code: Select all
Central[period]=((source.close[period]-min) /((max-min)/100));
end
if Central[period] > 50 then
Central[period]=((Central[period]-50)/50*10)
elseif Central[period]< 50 then
Central[period]=((50-Central[period])/50*10)
end
Thank You Very much…
Apprentice · Wed Jul 03, 2013 2:37 am
Upper indicator is updated according to the new formula.
Apprentice · Mon Sep 02, 2013 4:00 am
Use Last Period, parameter introduced. If set to Yes, the current period is used in the calculation.
Alexander.Gettinger · Thu Sep 26, 2013 11:52 am
MQL4 version of Period range oscillator: viewtopic.php?f=38&t=59589.
Apprentice · Fri Jun 09, 2017 7:33 am
The indicator was revised and updated.