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OBOS indicator

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=23087
Forum: 38 · Topic 23087 · 2 post(s)


OBOS indicator

Alexander.Gettinger · Thu Sep 06, 2012 3:06 pm

Original indicator: viewtopic.php?f=17&t=3664

Formulas: Up=EMA(EMA((WP-EMA(WP))/StdDev(WP))), Dn=EMA(Up), where EMA - exponential moving average with period [Length], StdDev - standard deviation with period [Length], WP - weighted price ((high+low+close+close)/4).

OBOS_MQL.PNG

Download:

OBOS.mq4


Re: OBOS indicator

Apprentice · Wed Jan 24, 2018 8:40 am

Major update.