Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61548
Forum: 38 · Topic 61548 · 1 post(s)
Alexander.Gettinger · Wed Nov 26, 2014 3:19 pm
The indicator looks like simple moving average (MVA) with some difference.
UP line is a MVA for [Period] last up-closed bars (close>open) and DN line is a MVA for [Period] last down-closed bars (close<open).
Download:
Diff MA Histogram is a difference between UP and DN lines.
Download: