fxcodebase-backup
iTrend
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=65972
Forum: 38 · Topic 65972 · 1 post(s)
iTrend
Apprentice · Mon Apr 30, 2018 4:59 pm
LUA Original: viewtopic.php?f=17&t=3880
Description:
This is the MT4 version of the LUA Origianl iTrend indicator.
The indicator has two components. Sum of Bull and Bear Power. Power[period] = -((High[period] - MA[period])+ (Low[period] - MA[period]));
Difference between price and selected component of Bollinger Bend. Bollinger[period]= Price[period] - BANDS[Bollinger_Mode][period];