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Derivative Oscillator

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61848
Forum: 38 · Topic 61848 · 1 post(s)


Derivative Oscillator

Alexander.Gettinger · Fri Feb 20, 2015 5:29 pm

Original LUA oscillator: viewtopic.php?f=17&t=537.

Formula: DEROSC = EMA2-MVA(EMA2, MVA_Length), where EMA2 = EMA(EMA1) with [EMA2_Length] number of periods, EMA1 = EMA(RSI) with [EMA1_Length] number of periods, RSI - Relative Strength Index with [RSI_Length] number of periods.

DEROSC_MQL.PNG

Download:

DEROSC.mq4