Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=25075
Forum: 38 · Topic 25075 · 21 post(s)
Apprentice · Sun Oct 28, 2012 8:36 am

Based on TS2/Lua version. viewtopic.php?f=17&t=22397 In his book Technical Analysis Of The Financial Markets, John J. Murphy explains that using oscillators provides three benefits: Overbought and oversold conditions warn that the price trend is overextended and vulnerable. The divergence between oscillator and price action shows hidden strength or weakness in the market, which is not apparent in the price action. The crossing of the zero line can give an important trading signal. The formula depends on only one condition: If today’s closing price is higher than yesterday’s, then the volume will have a positive value (bullish). Otherwise, it will have a negative value
juju1024 · Sun Oct 28, 2012 9:43 am
Thank you very much
Apprentice · Tue Dec 11, 2012 11:23 am
Updated.
Apprentice · Sat Jun 18, 2016 5:04 pm
Update.
Apprentice · Wed Jan 02, 2019 5:50 am
VZO Signal Line.MQ4 added.
alienfriend18 · Sat Mar 14, 2020 11:47 am
Not working
alienfriend18 · Sat Mar 14, 2020 12:50 pm
Sorry, please ignore the early post. solved
logicgate · Tue Jul 20, 2021 7:02 am
Hi there buddy, can we get a MT5 version of this indicator?
Thanks
Apprentice · Wed Jul 21, 2021 12:18 am
Your request is added to the development list. Development reference 669.
Apprentice · Thu Jul 22, 2021 10:02 am
VZO.mq5 added.
logicgate · Tue Jul 27, 2021 10:42 am
Thanks buddy!!!
I will thank you here for all MT5 additions instead of posting “thanks” in every single thread.
Best regards!
durlovjagiroad · Wed Nov 10, 2021 7:47 am
require Multi symbol VZO indicator for mt4…thanks
Apprentice · Thu Nov 11, 2021 3:54 am
Your request is added to the development list. Development reference 981.
nnbite · Sat Dec 25, 2021 12:55 pm
hi ,Can you create an ea for us? …thx bro
nnbite · Sat Dec 25, 2021 1:05 pm
Can you create an ea from this indicator for us? … thx
Apprentice · Sun Dec 26, 2021 4:59 am
Can you define the EA rules?
nnbite · Sun Dec 26, 2021 9:48 am
Apprentice wrote: Can you define the EA rules?
I think that Buy when vzo turns white to green and close when it turns white. ,Sell when white turns red and close when turns white.
I tried to build it myself but it didn’t work. I understand that buffer exists. did not separate the colors
Sorry for using my language. I use google translate thank you
Apprentice · Sun Dec 26, 2021 9:52 am
Your request is added to the development list. Development reference 1032.
Apprentice · Thu Dec 30, 2021 6:29 am
Try this version. https://fxcodebase.com/code/viewtopic.php?f=38&t=71748
nnbite · Sat Jan 01, 2022 7:20 pm
Thx bro
Apprentice · Wed Feb 05, 2025 3:14 pm
