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Dominant color oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=66968
Forum: 48 · Topic 66968 · 1 post(s)


Dominant color oscillator

Alexander.Gettinger · Sat Nov 24, 2018 12:24 pm

The indicator helps to determine the dominant direction of closure of bars.

Formulas: DC = MA(Diff), where Diff = Close-Open.

Dominant_Color.PNG

Download:

Dominant_Color_JS.jsl

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