fxcodebase-backup
Loco indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=64726
Forum: 48 · Topic 64726 · 1 post(s)
Loco indicator
Alexander.Gettinger · Fri Jun 02, 2017 2:10 pm
Formulas: Loco[i]=Loco[i-1], if Price[i]=Loco[i-1], Loco[i]=Max(Loco[i-1], Price[i](1-K)), if Price[i-1]>Loco[i-1] and Price[i]>Loco[i-1], Loco[i]=Price[i](1-K), if Price[i]>Loco[i-1], else Loco[i]=Price[i]*(1+K), where K=Coeff/1000.
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