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TradeBreakOut oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=34070
Forum: 17 · Topic 34070 · 5 post(s)


TradeBreakOut oscillator

Alexander.Gettinger · Wed Apr 03, 2013 3:34 pm

This indicator is a ported MQL5 indicators from http://www.mql5.com/en/code/1600

Formulas: Upper[i] = ((Low[i] or Close[i]) - L)/L, Lower[i] = ((High[i] or Close[i]) - H)/H, where H, L - maximum and minimum values of price at range from (i-Period+1) to i.

TradeBreakout.PNG

Download:

Trade_Break_Out.lua


Re: TradeBreakOut oscillator

Alexander.Gettinger · Wed Apr 10, 2013 4:19 pm

MQL4 version of this oscillator: viewtopic.php?f=38&t=34366


Re: TradeBreakOut oscillator

Cactus · Thu Jul 28, 2016 7:11 pm

Can you make these bands fit around price somehow?


Re: TradeBreakOut oscillator

Apprentice · Fri Jul 29, 2016 7:31 am

I’m not sure how to create formula for this task. Ideas?


Re: TradeBreakOut oscillator

Apprentice · Mon Sep 24, 2018 10:15 am

The indicator was revised and updated.