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Trend Strength oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=34062
Forum: 17 · Topic 34062 · 2 post(s)


Trend Strength oscillator

Alexander.Gettinger · Wed Apr 03, 2013 2:46 pm

This indicator is a ported MQL5 indicators from http://www.mql5.com/en/code/1585

Formulas: TrendStrength = MaxStepsMA0 - res, where MA0 - moving average with Period, res = sum of MA(Period), MA(Period+Step), MA(Period+2Step), …, MA(Period+MaxSteps*Step).

TrendStrength.PNG

Download:

Trend_Strength.lua

For this indicator must be installed Averages indicator (viewtopic.php?f=17&t=2430).

The indicator was revised and updated


Re: Trend Strength oscillator

Apprentice · Tue May 09, 2017 5:57 am

Indicator was revised and updated.